embezzlement

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School: Nuns Used 'Forgotten' Account, Stole Up to $500K

St. James Catholic School in Torrance, Calif., says it's not pressing charges

(Newser) - It wasn't a noteworthy request, but what it helped reveal was significant: A family asked for a copy of a check they had paid to a California Catholic school. But when the staff at St. James Catholic School in Torrance retrieved it, they realized it had been deposited into... More »

Jailed Banker's Wife Could Be Forced to Join Him

Zamira Hajiyeva fighting extradition to Azerbaijan over embezzlement allegations

(Newser) - A woman from Azerbaijan whose fortune has been targeted by British authorities under anti-corruption laws was freed on bail Thursday while she battles extradition to her homeland over embezzlement allegations. Zamira Hajiyeva is the first person to be subject to an Unexplained Wealth Order, a measure introduced this year in... More »

Cops: Volunteer Stole $88K From Girl Scouts, Cancer Center

Patricia Cascione was a volunteer treasurer for the scouts

(Newser) - Authorities on Wednesday said they arrested a California woman for allegedly embezzling more than $88,000 from two non-profit organizations. Patricia Cascione was arrested Monday at her Santa Clarita home, CBS reports, in the culmination of a 15-month investigation that began when the Girl Scouts approached the LA County Sheriff'... More »

Rick Gates Admits Affair During Cross-Examination

He says it's possible he stole from Trump inauguration committee

(Newser) - There were more bombshells as Rick Gates' testimony in Paul Manafort's trial continued Tuesday, with the former Trump campaign chairman's defense team attacking the credibility of his erstwhile right-hand man. Gates, who has already admitted embezzling hundreds of thousands of dollars from Manafort, confessed to an extra-marital affair... More »

Manafort's Right-Hand Man: I Stole From Manafort, Too

Rick Gates testifies against former partner

(Newser) - The star prosecution witness in the financial fraud trial of Paul Manafort testified Monday that he concealed millions of dollars in foreign bank accounts on Manafort's behalf and falsified documents to help his former boss obtain millions of dollars more in bank loans. Rick Gates also admitted he embezzled... More »

Cops Find Big Clue in Ceiling of Alleged Crooked Priest

Police discover $63K stashed in the Rev. Jonathan Wehrle's ceiling

(Newser) - A Catholic priest is charged with embezzling more than $5 million from his Michigan parish—and on Tuesday, police say they found $63,392 in cash above ceiling tiles in his basement. The Rev. Jonathan Wehrle was charged with six counts of embezzlement last year after a diocese-ordered audit found... More »

Fight Club Author Learns Why He's Going Broke, Apologizes

Chuck Palahniuk was going broke, but not for the reasons he suspected

(Newser) - Strange as it sounds, novelist Chuck Palahniuk apologized and expressed gratitude after learning he's been cheated. The Fight Club author blogged this week that his dwindling income can be attributed to an alleged embezzler at his literary agency who's accused of stealing millions, TorrentFreak reports. "I apologize... More »

After Lunch Lady's Death, Major Theft Is Uncovered

Authorities say school system employee embezzled more than $260K

(Newser) - Lenora Williams was, as Roanoke.com puts it, "something of an institution" in Radford, Va., where she had been the school system's director of food services for years before dying late last year at age 61. After her death, students remembered her kindness and school employees praised her... More »

Catalan Leaders in Crosshairs After Independence Push

Spain is looking to bring Carles Puigdemont, others up on rebellion, sedition, embezzlement charges

(Newser) - Spain's state prosecutor says it's seeking charges of rebellion, sedition, and embezzlement for members of the ousted Catalan Cabinet and the governing body of the regional parliament that allowed a vote to declare independence last week. The crimes can be punished, respectively, with up to 30, 15, and... More »

Cashier Managed to Embezzle $13M From Employer

Cynthia Mills gets 8 years for steering money into her own accounts

(Newser) - A cashier in Pennsylvania convicted of stealing nearly $13 million from the monuments and engraving firm where she worked has been sentenced to 8 years and 4 months in prison, per the AP . Cynthia Mills, 56, took the money from Matthews International Corp. from 1999 to 2015. She pleaded guilty... More »

Man Collects 50 BMWs but Loses Wife, Kids, and Freedom

Inside a strange addiction to German automotive engineering

(Newser) - Terrance's addiction cost him his family, job, and home. But it wasn't a need for drugs, or alcohol, or gambling that landed the Colorado accountant in a psychiatric hospital and high-security prison; it was an addiction to BMWs, Jalopnik reports in an unbelievable piece on the incredible lure... More »

Judge One-Ups Prosecutors in Sentencing Alanis' Manager

Jonathan Schwartz gets 6 years for embezzling, instead of 5 they sought

(Newser) - The business manager who stole millions from Alanis Morissette is going to prison. A judge in Los Angeles sentenced Jonathan Schwartz on Wednesday to six years, longer than prosecutors had sought, reports the AP . "I will spend the rest of my life asking for forgiveness," said Schwartz, who... More »

Officials: Ex-City Worker Stole $3.7M From Parking Tix, Fees

Prosecutors say former Compton deputy treasurer embezzled over 6-year period

(Newser) - On any given day on the job as Compton's deputy treasurer, Salvador Galvan quietly lopped between $200 and $8,000 off the top of municipal fees he collected for the California city, prosecutors say, per the Los Angeles Times . He wasn't busted until December, after a co-worker saw... More »

'Trial of the Century' Begins in S. Korea

It'll be fierce, if first hearing is any indication

(Newser) - The "trial of the century" has begun in South Korea, where a vice chairman at Samsung Electronics faces bribery and embezzlement charges after allegedly giving $36 million to President Park Geun-hye and her close friend Choi Soon-sil in order to win government support for a 2015 merger. Lee Jae-Yong,... More »

Putin Foe Says Typos in His Guilty Verdict Are Signficant

Alexei Navalny claims retrial verdict is identical to that of 2013

(Newser) - A Russian court on Wednesday found opposition leader Alexei Navalny guilty in the retrial of a 2013 fraud case, which disqualifies him as a candidate for president next year. In a webcast hearing, Judge Alexei Vtyurin found Navalny guilty of embezzling timber worth about $500,000 and handed him a... More »

Manager Admits Stealing $4.8M From Alanis

He claimed to have invested in pot grow-ops

(Newser) - What's worse than rain on your wedding day? How about getting scammed for nearly $5 million by your business manager? Alanis Morissette's former manager Jonathan Todd Schwartz, 48, admitted in a plea deal Wednesday that he embezzled $4.8 million from the Canadian singer and $1.7 million... More »

Arrest Warrant Issued for Samsung Boss

Lee Jae-yong accused of embezzlement, bribery

(Newser) - In a departure from the leniency typically given South Korean big businesses, prosecutors on Monday requested the arrest of the de facto head of Samsung Electronics, the country's most valuable company, in an influence-peddling scandal that has toppled the country's president , the AP reports. Lee Jae-yong, the 48-year-old... More »

Man Stole $5M, Blew $1M in Head-Scratching Way

Kevin Lee Co spent it on Game of War, a free mobile phone game

(Newser) - At first glance, it's a rather unsexy business crime: A California man on Thursday pleaded guilty to embezzling $4.8 million from his heavy-equipment-dealer employer. But Kevin Lee Co of Rocklin is making headlines for what he admitted to doing with the cash, a revelation that came as part... More »

Va. Mom Who Disappeared in Nov. Is Found, Arrested

Crystal Griffin Redd picked up in Georgia; money had gone missing from her work

(Newser) - Fortunately, a Virginia mom missing for nearly two months was found safe on Tuesday, both her family and Blackstone police confirm to WTVR . Unfortunately, Crystal Griffin Redd was arrested by the Georgia police who discovered her, as she was wanted for embezzlement back in her hometown. Redd vanished on Nov.... More »

Embezzling Suspect Hid for Years on Appalachian Trail

He was on the lam for 6 years after $8.7M vanished

(Newser) - He was known as "Bismarck," a genial, thick-bearded hiker who had become a familiar character along the Appalachian Trail over the past six years and a regular at Susie Montgomery's bed-and-breakfast in a small Virginia town—until the day the FBI showed up. He was in his... More »

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