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August 2017 Archives

Federal agent admits to money laundering

A 35-year-old former agent with the U.S. Secret Service who had investigated online criminal activity has accepted responsibility for his own crimes. Appearing in the U.S. District Court for the Northern District of California, he entered a guilty plea on money laundering charges. His charges arose from a theft of 1,600 bitcoins. At the time that he diverted the digital currency from a government account to a digital wallet that only he could access, the bitcoins had an approximate value of $359,005.

School district chef accused of embezzlement

A 55-year-old man who has earned a multitude of awards and praise for working to make California students' meals healthier was accused of taking $65,000 from the Los Angeles Unified School District and putting it into his own private consulting firm. He appeared in court on Aug. 8 and pleaded not guilty to a total of 15 felony counts that included misappropriation of funds and embezzlement.

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