Friday, February 13, 2009
Arizona Man Arrested For $117K Embezzlement
Raul Martinez Sandoval, 50, of Phoenix, Arizona, was arrested Tuesday for allegedly embezzling some $117,000 from his former employer, Cambridge Filter Corp. of Gilbert, Arizona. Sandoval, who worked as an accountant for the company, used company credit cards for his own benefit and arranged to get a second paycheck each pay period between April 2006 and June 2008. He was charged with six felony embezzlement counts and identified as a flight risk due to the fact that he has a Mexican identification card and visits relatives across the border frequently. Sandoval reportedly admitted the thefts and used the stolen funds to, among other things, buy a truck, pay tuition for his daughter and make investments.