Latest Embezzlement News

Vatican financial watchdog boasts steady progress on reform

May. 21, 2019 9:09 AM EDT

VATICAN CITY (AP) — The Vatican's financial watchdog says that after nearly 10 years of reforms, the Holy See has a "fully functioning" system of financial regulation and intelligence that is increasingly integrated into the global financial system. In its annual report released Tuesday, the Financial...

St. Louis-area executive accused of embezzling $3.8 million

May. 20, 2019 1:15 PM EDT

ST. LOUIS (AP) — The chief financial officer for a St. Louis-area company is accused in a federal indictment of embezzling $3.8 million. The indictment of 45-year-old Bryan Vonderahe of Kirkwood was announced Monday. He is accused of three felony counts of wire fraud. Vonderahe worked for the Boyd Group,...

Bulgaria: Minister resigns over alleged misuse of EU funds

May. 15, 2019 9:29 AM EDT

SOFIA, Bulgaria (AP) — The Bulgarian government says the country's agriculture minister has resigned amid allegations about the misuse of European Union funds. A government statement Wednesday says that while Rumen Porozhanov denies wrongdoing, he has stepped down to avoid attacks against him affecting the...

Businessman pleads guilty to stealing up to $1.5M in wine

May. 14, 2019 1:53 PM EDT

BALTIMORE (AP) — A Maryland man pleaded guilty Tuesday to embezzling up to $1.5 million in upscale wine from customers who paid him to store the bottles, which he sold without their knowledge. A plea agreement calls for William Lamont Holder, 54, of Hanover, to be sentenced to 18 months in prison for his...

The Latest: R. Kelly lawyer says he's waiting to get video

May. 7, 2019 11:48 AM EDT

CHICAGO (AP) — The Latest on the sexual abuse case against R&B singer R. Kelly (all times local): 10:45 a.m. R. Kelly's attorney says he's still waiting for prosecutors to hand over videotape of what another attorney, Michael Avenatti, says shows the singer having sex with an underage girl. Attorney...

Malaysia extradites ex-Goldman banker facing US graft charge

May. 6, 2019 5:29 PM EDT

NEW YORK (AP) — A former Goldman Sachs executive accused in the alleged multibillion-dollar ransacking of a Malaysian state investment fund was extradited to the U.S. and had his initial court appearance Monday in New York City. Roger Ng, who was arrested in Malaysia in November, pleaded not guilty and was...

Indictments: Sheriff took money, spent on food, window tint

Apr. 24, 2019 5:49 PM EDT

COLUMBIA, S.C. (AP) — A South Carolina sheriff was indicted Wednesday after authorities said his chief deputy reported he was using county funds and drug seizure money to buy groceries, window tinting and other personal items. Florence County Sheriff Kenney Boone was charged with two felony counts of...

The Latest: Chief deputy reported sheriff spending to cops

Apr. 24, 2019 5:48 PM EDT

COLUMBIA, S.C. (AP) — The Latest on the indictment of a South Carolina sheriff (all times local): 5:30 p.m. Authorities say the chief deputy in a South Carolina county reported what he thought was improper spending by the sheriff, who has now been arrested. Interim Florence County Sheriff Billy Barnes said...

Former French PM Fillon and wife to stand corruption trial

Apr. 23, 2019 6:09 AM EDT

PARIS (AP) — Investigating judges have ordered that former Prime Minister Francois Fillon and his wife stand trial on corruption charges, a judicial official said on Tuesday. Fillon, who served as prime minister under President Nicolas Sarkozy from 2007 to 2012, was at one point the front-runner in...

Report: Avenatti met R. Kelly prosecutor Foxx at O'Hare

Apr. 18, 2019 3:55 PM EDT

CHICAGO (AP) — Phone texts suggest chief Chicago prosecutor Kim Foxx worked closely with attorney Michael Avenatti before bringing sexual abuse charges against singer R. Kelly, including by meeting Avenatti during a layover at O'Hare International Airport. The Chicago Tribune reported Thursday on the Feb....