• Clinton immigrant who stole $16.7M from Southern California school dist

    From Typical Mexican...@21:1/5 to All on Fri Jul 26 19:15:13 2024
    XPost: talk.politics.guns, or.politics, alt.politics.clinton
    XPost: alt.crime, alt.atheism

    The former senior director of fiscal services at a school district in
    Orange County who pleaded guilty to embezzling almost $17 million over
    several years from the schools he was hired to serve was sentenced
    Thursday to five years and eight months in federal prison, officials
    announced.

    Jorge Armando Contreras, a 53-year-old resident of Yorba Linda, was hired
    by the Magnolia School District, which serves students in Anaheim and
    Stanton, in 2006 to manage the district’s financial operations, according
    to a Department of Justice, Central District of California, news release.

    During his tenure in that position, prosecutors say Contreras wrote checks
    in small dollar amounts to “M S D,” with the letters spaced out.

    After receiving proper signatures from authorized personnel, he would then insert fictitious names, increase the amount of the checks and deposit
    them into his personal bank account using ATMs.

    The 53-year-old would provide falsified bank statements and records to the schools to conceal his fraud, authorities said.

    In total, Contreras embezzled $16,694,942 from the school district, where
    more than 80% of the preschool through sixth-grade student body is
    classified as socio-economically disadvantaged.

    “Law enforcement so far has seized approximately $7.7 million in personal
    and real property traced to the scheme, including a home in Yorba Linda, a
    2021 BMW automobile, 57 luxury designer bags (mostly Louis Vuitton),
    various pieces of jewelry, designer clothes and shoes, and eight bottles
    of Clase Azul Ultra luxury tequila,” the release noted.

    He was placed on administrative leave in August 2023 and avoided being
    detained pre-sentencing by posting a $450,000 bond.

    In addition to his prison sentence, U.S. District Judge Fred W. Slaughter ordered Contreras to pay the exact amount he embezzled in restitution.

    “Instead of using his job at a public school district to help socio- economically disadvantaged children, Contreras embezzled millions upon
    millions of dollars, which he flagrantly spent on a luxury home, car, and designer clothes and accessories,” U.S. Attorney Martin Estrada said in a
    news release.

    “Today’s sentence highlights my office’s determination to prosecute and
    punish those who betray the public trust – especially when their behavior affects some of our community’s most vulnerable members.”

    https://ktla.com/news/local-news/man-who-stole-16-7m-from-southern- california-school-district-gets-6-years/

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