Holt pleaded guilty to charges of computer fraud and theft of government property and faces a maximum penalty of 15 years in prison when sentenced on March 13. var scJsHost = (("https:" == document.location.protocol) ? SANTA FE, N.M. (AP) An Albuquerque woman is accused of embezzling more than $175,000 from her former employer over a six-year span, according to authorities. Certified Fraud Examiners (CFEs) around the world are available for independent assignments and consultations. In addition to the employee awareness programme that should be refreshed regularly, security patches particularly must be kept up-to-date, with unpatched networks a bullseye for malicious bots. Part 2 in a two-part series on preventing, detecting, and addressing fraud, theft, and embezzlement in nonprofit organizations. ( Association of Certified Fraud Examiners) SAN DIEGO (AP) One note submitted to the federal judge sentencing a 38-year-old California woman for embezzlement claimed that a biopsy had revealed cancerous cells in her uterus. Felony Charges Filed in $100,000 Church Embezzlement. The polices organized crime unit confirmed the move on Thursday. 5% of occupational fraud perpetrators are aged 56-60 but they have caused the largest median loss at $480,000. Christine Alice Sylvester, 40, of the Conifer Colorado stole $951,000 from Windish RV Center in Lakewood Colorado over a three year period. Rivera, who pleaded guilty to the charge of theft by deception, apparently wrote and forged unauthorized checks to herself from company accounts. 033 33 215 005 info@wirehouse-es.com. JACKSON, Miss. DETROIT (AP) Members of the United Auto Workers union appeared on Friday to favor replacing many of their current leaders in an election that stemmed from a federal bribery and embezzlement scandal involving former union officials. The employer paid an additional $26,092 in tax withholdings, for a total loss of $275,188. WASHINGTON KaShaun Perkins, 43, of Upper Marlboro, Md., pled guilty today to the federal charge of wire fraud for embezzling from his employer, causing a loss in excess of $275,000, announced U.S. Attorney Channing D. Phillips. He then allegedly falsified records to cover up the fraud. They have both been charged with first-degree grand larceny, presumably because prosecutors believe Jennifer Fisher participated and/or benefited from the scheme to which she had knowledge. Some congregants from some of the most prominent mega-churches in the country, including New Birth Baptist Church and Joel Osteens Lakewood Church in Texas, turned over their life savings to Taylor hoping to do good while doing well. Mark Cherubini, 44, of rural Knox County, Ohio, has been charged with embezzling nearly $1.7 million from three separate businesses owned by his high school friends for which he had served as financial manager, including Law General Contracting, RMR Holdings and Redskin Transport. A lock ( A law enforcement investigation determined that from December 2001 to July 2018, Holt falsely claimed over 42,000 hours in unauthorized overtime that she did not work, as well as other amounts of unauthorized holiday leave, sick leave and annual leave, all amounting to losses to the United States of $1,460.262.43. See the complete guide on how to approach employee theft in the workplace if you are unfortunate enough to be a victim. She plead guilty in May to one count of felony theft. In many cases, the result will be the employee's dismissal. An employee of a government contractor pleaded guilty today to his involvement in a scheme to overbill a contract administered by the General Services Administration (GSA) by approximately $1.25 million, and solicit and receive kickbacks from a subcontractor in exchange for providing that subcontractor valuable contract modifications. SANTA FE, N.M. (AP) An Albuquerque woman is accused of embezzling more than $175,000 from her former employer over a six-year span, according to authorities. These cases include the agency's most prominent and high-profile investigations of 2021. IRS-CI is the criminal investigative arm of the IRS, responsible for conducting financial crime investigations, including tax fraud, narcotics trafficking, money-laundering, public corruption, healthcare fraud, identity theft and more. After Greenan was fired by the first employer, she obtained employment as the bookkeeper for a Cape Cod construction company in August 2018 and immediately began stealing company funds. Employee Embezzlement in Times of COVID-19. It's likely a word that invokes images of high-profile lawsuits, multi-million dollar scandals and corrupt CEOs or CFOs. Have a question about Government Services? (AP) Two former Natchez city employees were arrested Monday after being indicted on embezzlement charges, the Mississippi auditor's office said. FTX says $594 million in crypto has been hacked from its exchanges since November collapse. (AP) A former Mississippi Department of Corrections probation officer faces up to 80 years in prison after pleading guilty to four counts of embezzlement for taking more than $4,000 from people who were trying to pay court-ordered fines and fees. The family used stolen and fictitious identities to submit 150 fraudulent applications for COVID-relief funds based on phony payroll records and tax documents to the Small Business Administration, and then used the funds they received to purchase luxury homes, gold coins, jewelry designer handbags and more. "The investigative work of 2021 has all the makings of a made for TV movie - embezzlement of funds from a nonprofit, a family fraud ring that stole millions in COVID-relief funds and a $1 billion Ponzi scheme used to buy sports teams and luxury vehicles. 17 The information came to light when CFO William Owens, working with the FBI . NEWARK, N.J. (AP) Federal prosecutors say a former carpenters union official who once served on the Port Authority of New York and New Jersey board of commissioners has pleaded guilty to embezzlement. , 50, of Gransboro, North Carolina, has been accused by authorities of embezzling more than $1 million from a group of five companies based in Carteret County, for whom she had served as office manager. According to authorities, Harlans allegedly misappropriations date back to 2004 and continued until this past March. Men are behind 72% of occupational fraud cases. Perkins also updated the payroll and human resources information systems with bank account numbers, Social Security numbers, addresses, and names of employees and maintained these employee records. 37% of all embezzlers work in finance or accounting. 2100 Jamieson Ave
McNally was sentenced to to 11 to 23 months in prison and Delikat was sentenced to 10 to 23 months in prison. Featured Resources. SAN JUAN, Puerto Rico (AP) A judge on Wednesday found sufficient evidence to order the arrest of the mayor and finance director of one of Puerto Ricos largest cities accused in a multimillion-dollar corruption case. He committed account and lease revenue fraud and purchased a sports team, luxury vehicles, real estate and a NASCAR team with the proceeds. The embezzlement scheme was reportedly discovered by a co-worker who filled in for Weart when she was on a leave of absence. Larry Hogan will be called as a witness in the federal fraud trial of his former chief of staff, Roy McGrath, a rarity for a sitting governor. The scheme reportedly spanned about 7 years from 2003 until 2010 where Mitchell and another employee netted some $950,000. Thomas Cullerton, a Democrat from the Chicago suburb of Villa Park, was sentenced on a federal embezzlement charge for fraudulently receiving salary and benefits from the union, according to the U.S. HATTIESBURG, Miss. Official websites use .gov In this article, I'll show you real world examples of the fraud triangle elements found in recent fraud cases, so that you can more readily identify them in your own organization. According to authorities, over a six year period between 2002 and 2008, Mattoon altered the company payroll to pay her additional salary as much as $90,000 more in one year. Csar Duarte, who was governor of Chihuahua state, was sent back to Mexico to face corruption charges stemming from his time in office. (AP) The former director of a north Mississippi airport has been arrested on charges of embezzlement after allegedly using the facility's debit card to cover personal expenses. ) or https:// means youve safely connected to the .gov website. Based on bank records, investigators found evidence that Ms. Robinson had given herself a $25,400 performance bonus, paid herself more than her allocated salary and transferred $54,000 to a. TEGUCIGALPA, Honduras (AP) A court in Honduras convicted former first lady Rosa Elena Bonilla of corruption Thursday for the second time. U.S. Supreme Court Issues Landmark Civil Rights Decision. WINSTON-SALEM, N.C. (AP) A former church treasurer in North Carolina has been charged with embezzling more than $150,000 from a church over seven years, police said Tuesday. 1. Edward Cantrell, 36, of Florence, Kentucky, has been indicted on charges he embezzled some $3 million from Fin Pan Inc., a Hamilton, Ohio-based maker of construction products where he had been employed as financial controller. Assistant U.S. Attorney Victor A. February 13, 2020: The theft of an employee laptop from GridWorks IC, a third-party vendor of Health Share of Oregon, has exposed the personal and medical information of 654,000 members. A recent article by my colleague Mike Nurse elaborates on the fraud triangle and lays out steps to prevent fraud in your workplace. Embezzlement occurs when a criminal takes or uses money from a company or an agency without consent. Worcester:508-368-0100. 4:18-cr-93. Vickie L. Glatfelter, 49, of Dover Township, Pennsylvania, has been charged with embezzling $347,477 from York County, Pennsylvania where she had served as assistant chief clerk. This classic embezzlement example is made easier when a company uses a signature stamp of an executive's signature. Eric Lashay Mitchell has been an employee of the club for more than 15 years. The Ponzi scheme, which continued for 15 years, landed Merriman behind bars, and his investors out of money. The company acknowledged the inflated figures, saw its stock delisted, reorganized its leadership team, and in December reached a $180 million settlement with the U.S. Securities and Exchange. EFFINGHAM, S.C. (AP) The former clerk for a small northeast South Carolina town has been charged with embezzlement of public funds. According to authorities, over a period of at least four years, from 2002 through 2006, Ciccolini engaged in an elaborate subterfuge by submitting fraudulent invoices purportedly for construction work and equipment that had been donated and receiving reimbursement. A criminal can take small amounts of assets over a time to prevent administrators from noticing, or they can take a large amount at once and use various methods to cover up the crime. Among victims: his own mother. Authorities alleged that Weidenhof transferred funds from the credit unions general ledger account into her own account and into the accounts of others. A .gov website belongs to an official government organization in the United States. People often refer to embezzlement as a "white-collar crime." Embezzlement generally involves theft by an employee, trust administrator, company officer, or government employee. Filed: January 14, 2023 as 2:2023cv10114 Plaintiff: Brent Charette Defendant: Adidas America, Inc. Linda Speaks Tribby, 42, of Lovettsville, Virginia, was sentenced to 7 years in prison for embezzling $14.1 million from clients of Wachovia Bank, where she had been employed a business relationship manager. This does not necessarily mean it has to be through employment, but any form of relationship where trust is given to someone else to watch over your property. var sc_invisible=0;
Serious Financial and Corporate Crime. Madoff, the former chairman of Nasdaq and founder of a . You can read Part 1 here.. Part 1 of this alert series reported on the New York attorney general's action against the National Rifle Association for alleged misuse of charitable funds, and detailed top preventive measures that nonprofit organizations can take to . According to a statement from the university, University accounting records had been manipulated to allow institutional funds to be converted to an employees personal use.. (AP) A former Mississippi Department of Corrections probation officer has started serving a six-year prison sentence after pleading guilty to four counts of embezzlement for taking more than $4,000 from people who were trying to pay court-ordered fines and fees. SIOUX FALLS, S.D. (CompareCamp) Elizabeth Marie Sampson, 44, of Elkview, worked in the Kanawha County Clerk's Office, where she is accused of taking more than $21,000 and using it for herself, news outlets reported, citing court records. The average employee embezzler stole nearly $25,000 a month from work. KennethVoboril, 46, was sentenced to 63 months in federal prison for embezzling more than $6 million from Commodity Specialists Company over the course of 10 years. Employee embezzlement cases aren't just a one-time occurrence. Victims sent more than $33 million to the church and received fabricated monthly statements reassuring them that their funds had been invested, when in reality, little to no money ever was. 30 Jan, 2023, 06.00 AM IST Todd, Julie Chrisley head to prison in $30 Million fraud case, details inside Rossen G. Iossifov, a Bulgarian national, was sentenced to 121 months in federal prison for participating in a scheme where popular online auction and sales websites such as Craigslist and eBay falsely advertised high-cost goods (typically vehicles) that did not actually exist. Former Rankin County deputy tax collector Tiffany Loftin was arrested in November by special agents with the State Auditors Office, WAPT-TV reported. A lock ( Instead, Tribby used the $14,169,878 fraudulently obtained funds for her personal use. Bostock v. Clayton County, 590 U.S. (2020) The Supreme Court has issued a landmark decision in Bostock v. Clayton County, holding that Title VII prohibits discrimination against employees based upon sexual . Understanding employee embezzlement helps you to prevent, detect, investigate and protect your company from this damaging form of workplace theft. They then uploaded the files to the cloud or sent them to private email addresses. According to court documents, Michelle M. Holt, 52, was previously employed as a federal employee for the Department of Defense. Utah woman gets 2 years in prison in $1.6M embezzlement case May 20, 2021 LOGAN, Utah (AP) A Utah woman was sentenced to more than two years in a federal prison after she pleaded guilty to fraud in the embezzlement of more than $1.6 million from a meat processing business. scJsHost+
The Health Share of Oregon data breach disclosed sensitive data, including names, addresses, phone numbers, dates of birth, Social Security numbers and . ) or https:// means youve safely connected to the .gov website. The scandal unfolded in March 2003, when the SEC announced that HealthSouth exaggerated revenues by $2.7 billion. The United States Attorney's Office In Your Neighborhood. Share sensitive information only on official, secure websites. A locked padlock Here are some statistics that demonstrate just how costly employee theft can be: The average retail theft case costs businesses approximately $440.48, up 19.2% from 2019. Under the advisory federal sentencing guidelines, he faces a possible prison sentence of 21 to 27 months. The theft is made easier if your company uses a signature stamp of a senior employee's signature. The Daily Record reports that the disclosure is part of a joint filing of proposed questions for prospective jurors. Detecting Employee Fraud. 1332 Diversity-Fraud Court: Sixth Circuit Michigan US District Court for the Eastern District of Michigan Meredith Kanter, owner of Freelance Bean Counter LLC, charged with allegedly embezzling over $270,000 from two non-profit clients. It turned out to be a big scam, taking in more than $21 million. An employee of the Boca Raton Resort & Club in Florida was recently arrested and faces charges of theft. 1 Courthouse Way, Suite 9200
Woman Accused of $33,000 Embezzlement from Homeowner's Association. Seigers scheme spanned a 2 year period. In addition to the woman from Nistelrode, three men aged 19 and 22 from Rotterdam were also arrested. Ciccolini has already reportedly paid back the misappropriated funds. It is rare for an embezzler to be caught by direct observation. Joel Tucker was sentenced to 12 years and six months in federal prison and ordered to pay over $8 million in restitution to the IRS after selling false information or fictitious debts to payday loan businesses and not filing federal tax returns for himself or his businesses with the IRS for multiple years. An official website of the United States government. Arthur H. Fisher, 44, and his wife, Jennifer Fisher, 38, both of Ossining, New York, were arrested and charged in Dutchess County today with embezzling nearly $2 million from Vassar College in Poughkeepsie. Avoiding Nonprofit Embezzlement in 8 Steps. News about Embezzlement, including commentary and archival articles published in The New York Times. The Chatham Police Department provided assistance with the investigation. WASHINGTONInternal Revenue Service Criminal Investigation (IRS-CI) began counting down the top 10 cases for calendar year 2021 on its Twitter account on January 3. Were going to show you how to get wealth and use it for the building of his kingdom, Taylor shouted to the congregation one morning in 2009. Fraud and Corporate Crime. David Rosenberg was arraigned Thursday on embezzlement charges and other crimes in Clinton County, north of Lansing, the attorney general's office said. Kapp is being held in custody because the defendant is a danger to the community, according to the court. The agency has 20 field offices located across the U.S. and 11 attach posts abroad. Related court documents and information is located on the website of the District Court for the Eastern District of Virginia or on PACER by searching for Case No. Lock Official websites use .gov U.S. Attorney's Office, Eastern District of Virginia, Former DoD Employee Pleads Guilty to $1.4 Million Fraud, Federal Public Official Sentenced for Accepting Bribes, Three Individuals Plead Guilty to Bribery Scheme, Former Louisiana Police Chief, City Councilmember, and Additional Co-Conspirator Sentenced in Vote Buying Conspiracy, Former DoD Employee Pleads Guilty To $1.4 Million Fraud. VATICAN CITY (AP) The Vaticans longtime investment banker testified Monday that he repeatedly voiced concerns about a fund that was investing in a troubled London property, but said the Holy Sees secretariat of state insisted on pursuing the deal even as it lost money. Holly Daunielle Martin-Campbell, 37, of Inglewood, California, was arrested yesterday on charges she embezzled nearly $1.6 million from Blue Daisy Cement Products where she had been employed as a bookkeeper and administrator. 3) Due diligence. Glatfelter had been employed by the county for some 27 years. A federal district court judge will determine any sentence after taking into account the U.S. Holt worked as a secretary for U.S. Air Force at Joint Base Langley-Eustis. PHILADELPHIA (AP) A federal judge has declared a mistrial in an embezzlement and bribery case against two men acquitted along with a Philadelphia council member and his wife in a separate case last week. She plead guilty to one count of bank fraud on March 4, 2011. aka Father Sam, 68, of Akron, Ohio, admitted to embezzling about $1.2 million from Interval Brotherhood Home Foundation, a non-profit he founded and ran since 1970. Shawn Merriman was head of an investment firm and lay bishop in the Mormon church who persuaded friends, family, and church members to invest with him. 1 - 100 of 17390 Results NEWPORT NEWS, Va. A Matthews woman pleaded guilty today to defrauding the federal government of over $1.4 million in a long-running time and attendance fraud scheme. Meanwhile, McNallys ex-boyfriend, Theodore C. Delikat, 31, of Brookhaven, Pennsylvania, pleaded guilty to similar charges for his role in the scheme. Court: Tenth Circuit Oklahoma US District Court for the Western District of Oklahoma. "statcounter.com/counter/counter.js'>"); We're not around right now. CHICAGO (AP) A former Illinois state senator was sentenced Tuesday to a year and a day in prison for taking hundreds of thousands of dollars from the Teamsters union for a no-show job. Specifically, Helgemo received 593 fraudulent payments for more than $1.1 million and Yarrish received 229 fraudulent payments for more than $340,000. DETROIT (AP) A former official at the United Auto Workers was sentenced Tuesday to nearly five years in prison for embezzling $2.1 million. He conspired with others to obtain money through an investment fraud Ponzi scheme. They stole funds from Ayudando Guardians Inc., a nonprofit organization that provided guardianship, conservatorship and financial management to hundreds of people with special needs. Most embezzlement cases are not quite straightforward. Brian M. Steele, 37, of Endicott, New York, pleaded guilty embezzling some $950,000 from Dataflow, Inc. and its subsidiaries, where he had been employed as company controller. Secure .gov websites use HTTPS A copy of this press release is located on the website of the U.S. Attorneys Office for the Eastern District of Virginia. It examined more than 2,500 cases of fraud in the workplace to understand perpetrators and . The Ayvazyan family received sentences ranging from 17.5 years in prison to 10 months of probation for crimes ranging from bank and wire fraud to aggravated identity theft. On average, it takes 18 months for an employer to catch . The firm, a kitchen remodeling company based in Connecticut . According to Ford's lawyer, Lex Johnston, Fellowship Church first discovered Ford's theft during an audit on April 12, 2019, and then notified authorities. Embezzlement involves theft of property that has been entrusted to you for your personal benefit. Former city clerk Servia Fortenberry and former deputy clerk Sevetrius Dillon are accused of wiring payments from a city account to themselves without approval, Auditor Shad White said in a news release. Oleg Tinkov, aka Oleg Tinkoff, was ordered to pay more than $248 million in taxes and sentenced to time-served and one year of supervised release after he renounced his U.S. citizenship in an effort to conceal large stock gains that were reportable to the IRS after the company he founded became a multibillion dollar, publicly traded company. CARACAS, Venezuela (AP) The Venezuelan government is again accusing its former oil czar of wrongdoing while he oversaw the countrys most important industry, this time alleging he was involved in a multi-billion dollar embezzlement operation during the early 2010s that took advantage of a dual currency exchange system. Perhaps the most well-known white collar criminal is Bernard Madoff, who was convicted of fraud costing investors $65 billion in 2009. Several of the charges in the December indictment occurred after Greenan was released on conditions in the earlier prosecution. Defendant: General Inc and Chance Brown. This guide aids anti-fraud professionals, including CFEs, in comparing their personal compensation structure to their peers around the world. The Rev. The 55 count indictment includes one count of aggravated theft; 11 counts of telecommunications fraud; 10 counts of forgery; 11 counts of money laundering; 12 counts of unauthorized use of computer, cable or telecommunication property; and 10 counts of securing writings by deception. 1. 75% of employees have stolen from their company at least once. Bots are constantly evolving to meet the demands of their users, and so it is critical that organisations also remain on their toes. According to authorities Wright, over a period of 10 years, misappropriated the funds from the insurance company. Ellzey was also ordered to pay full restitution and subject to 6 years probation. The wealth management portion of his business took money from investors to pay former investors, without ever actually investing funds. Crundwell was sentenced Feb 14, 2013 to 19 years and seven months in federal prison for stealing $53.7 million from the city over two decades. In recent years, Holts overtime pay was over double that of her regular salary. Former MoviePass Executive Arrested on Indictment Alleging He Embezzled $260,000 From Employer to Repay Coachella Debt February 22, 2023 Read More Press Release Foley Woman Sentenced to Five Years. The average case value in 2019 came in around $369.42, showing that the COVID-19 pandemic severely impacted the theft statistics for employees. SPRING LAKE, N.C. (AP) The former finance director of a North Carolina town pleaded guilty Wednesday to embezzling more than $500,000 from the town, federal prosecutors announced. Assistant U.S. Attorney Brian J. Samuels is prosecuting the case. Heather McNally, 38, of Norwood, Pennsylvania, pleaded guilty to charges she embezzled $151,201 from Caleco Inc., a real estate agency where she was in charge of distributing commission checks. Brian M. Steele, 37, of Endicott, New York, pleaded guilty embezzling some $950,000 from Dataflow, Inc. and its subsidiaries, where he had been employed as company controller. Show 100 More Items. MEXICO CITY (AP) The United States has extradited a former Mexican border state governor to his homeland, where he is accused of embezzling millions of dollars in state funds. Former CBS Employees Federal Credit Union CEO Edward Rostohar said he was able to steal and conceal his $40 million embezzlement for . From October 2014 until she was terminated in March 2018, Greenan embezzled $1,135,460, including 536 occasions when she wired funds from the stores operating bank account to pay her credit card bills. A 21-year-old woman was arrested at her home in Nistelrode on Tuesday in a major case in which fake bank employees stole more than fifty thousand euros, according to the police. ), was charged in a one-count indictment for theft, more than $1,000, within a special maritime and territorial jurisdiction, in violation of 18 U.S.C. While you may have found a recent discrepancy after a routine audit, the embezzlement may have gone on . News Church Wedding. OKLAHOMA CITY (AP) The founders and former chief financial officer of Epic Charter Schools were arrested Thursday and are facing felony criminal charges alleging they diverted millions of taxpayer dollars in a complicated scheme that involved excessive management fees, state investigators said. In that capacity, Holt was a salaried employee on the General Schedule (GS) grade for the federal civilian workforce and was entitled to overtime pay if authorized by her employer, and also to other forms of holiday and annual leave, as well as premium pay for any federal holidays worked. Actual sentences for federal crimes are typically less than the maximum penalties. All fraud case suspects posted on our website are media stories and are innocent until proven guilty in a court of law. BALTIMORE (AP) Maryland Gov. Anti-money laundering service, SmartSearch, has reviewed 10 of the most lucrative fraud and money laundering cases in recent years, and provides advice on what businesses and individuals can learn from these. It is believed to be the largest theft of public funds in state history. Use this free search tool to help you find fraud examiners in a specific . He made promises to fellow Christians that he could do the same for them. . However, Vesco never stood trial for these allegations. Red Cross Employee Indicted in $52,000 Embezzlement Scheme. Here are the top 25 embezzlement examples and workplace thefts to watch out for: Forging Checks The employee writes company checks or makes electronic payments to himself. MOSCOW (AP) A Russian court ruled Wednesday to transfer a university rector from jail to house arrest in an embezzlement case that has been seen by some observers as part of authorities' efforts to target members of the country's liberal elite. TEGUCIGALPA, Honduras (AP) A judge sentenced former Honduran First Lady Rosa Elena Bonilla de Lobo to 14 years in prison Wednesday on corruption charges, the second time Bonilla had been sentenced. Boston, MA 02210, Boston:617-748-3100
"Essential" retailers, however, report 2.7% more dishonest employees than the previous year. NASHVILLE, Tenn. (AP) The former director of a Tennessee drug abuse prevention group was sentenced Friday to 15 months in prison for using the nonprofit's money to buy an automobile, renovate his home and pay personal bills. 95% of all businesses suffer employee theft. In a post on Facebook, investigators with the Florence County Sheriff's Office said Tina Sullivan, 50, of Marion, was arrested Tuesday and is being held at the county's detention center. Timothy Edmunds was secretary-treasurer of UAW Local 412, which represents about 2,600 people who work for Stellantis, formerly known as Fiat Chrysler, at factories in the Detroit area. Ephran Taylor, was a preachers son and a financial advisor that claimed to have made his first million in his 20s. Bonilla was sentenced to 58 years in prison in September 2019 for embezzling more than $1 million in government money between 2010 and 2014, when her husband Porfirio Lobo was president. Robert Vesco Embezzlement Case One of the most compelling embezzlement cases of all time was Robert Vesco. Joshua Stueve Perkins altered a terminated employees payroll profile, repeatedly changing entries such as name, Social Security number, bank account number, address, and salary payments.