Friday, January 2, 2009

Latest Update On California Embezzlement Case

Louis Anthony Contreras who is accused of embezzling at least $700,000 from his former employer, Tracy Material Recovery Facility and Transfer Station, reportedly spent the money on lavish travel, fancy meals and high priced escorts, according to testimony from the case. Contreras' boss, Mike Repetto, the CEO of the company, discovered the thefts and caught Contreras on video, tearing up receipts and pocketing cash. The embezzlement reportedly went on for 12 years.

Read FraudTalk's earlier posts on this story here and here.

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