Latest Embezzlement News

3 charged with stealing public funds meant to help homeless

Oct. 22, 2021 00:17 AM EDT

LOS ANGELES (AP) — Three people have been charged with fraud and embezzlement for an alleged scheme to steal hundreds of thousands of dollars in public funds meant to help California's homeless residents, the state's attorney general said Thursday. Two of the three...

Senate report urges charging Brazil's leader over pandemic

Oct. 20, 2021 17:40 PM EDT

BRASILIA, Brazil (AP) — A Brazilian Senate report recommended Wednesday pursuing crimes against humanity and other charges against President Jair Bolsonaro for allegedly bungling Brazil’s response to COVID-19 and contributing to the country having the world's second-highest pandemic death...

Connecticut lawmaker arrested, accused of COVID funds misuse

Oct. 20, 2021 16:30 PM EDT

HARTFORD, Conn. (AP) — A Connecticut state legislator who works as an aide to the West Haven City Council is accused of creating a company that received more than $600,000 in federal COVID-19 relief funds for services that were never provided. Rep. Michael DiMassa, a...

Credit Suisse faces penalties over Mozambique loan deals

Oct. 20, 2021 11:04 AM EDT

ZURICH (AP) — Credit Suisse has announced settlements totaling nearly $700 million with British and U.S. authorities over lending to Mozambique state-owned companies that Swiss regulators say violated anti-money laundering rules. The Swiss financial markets authority...

Executive who embezzled $48 million gets 75-month sentence

Oct. 18, 2021 18:02 PM EDT

NEWARK, N.J. (AP) — A former publication company executive was sentenced to more than six years in prison Monday in a $48 million embezzlement plot. A federal judge sentenced Nestor Charriez to 75 months and also ordered him to pay $43 million in restitution. ...

Milwaukee alder, Senate candidate enters not guilty pleas

Oct. 18, 2021 11:36 AM EDT

MADISON, Wis. (AP) — Milwaukee Ald. Chantia Lewis, a Democratic candidate for U.S. Senate, pleaded not guilty Monday to criminal charges that she took more than $20,000 in campaign funds and false travel reimbursements from the city. Lewis faces four felonies and a...

California union leader booked on tax, embezzlement charges

Oct. 15, 2021 16:01 PM EDT

SACRAMENTO, Calif. (AP) — The former executive director of California’s largest labor union was booked into jail Friday after she and her husband had their first court appearance on charges including tax fraud, embezzlement, perjury and failure to pay unemployment insurance taxes. ...

2 charged with embezzlement from volunteer fire department

Oct. 15, 2021 11:26 AM EDT

HOLLY SPRINGS, Miss. (AP) — The Mississippi auditor says two people are accused of taking money from a volunteer fire department. Mark Hanna is a former chief of Red Banks Volunteer Fire Department in north Mississippi's Marshall County. Linda Mannon is a former...

Chicago-area man gets 3 1/2 years for stealing from charity

Oct. 15, 2021 10:37 AM EDT

CHICAGO (AP) — A suburban Chicago man who pleaded guilty to stealing more than $831,000 from a charity he ran for kids with disabilities and spending the money on golf outings, luxury vacations and tickets to NBA games has been sentenced to 3 1/2 years in federal prison. ...

EU agencies crack down on pandemic recovery fund fraud

Oct. 15, 2021 07:55 AM EDT

THE HAGUE, Netherlands (AP) — European Union agencies are launching a year-long operation to crack down on fraud targeting the bloc's multibillion-euro COVID-19 pandemic recovery fund, EU police agency Europol announced Friday. Operation Sentinel will coordinate the...