California Man Arrested For Embezzling $200K From Marine Corps Scholorship Fund

Jason Patrick Hitt, 35, of Pomona, California, and a former Marine, has been arrested and charged with embezzling some $200,000 from the U.S. Marine Scholarships Desert Cities Inc., for which he had served as president of the nonprofit.  According to authorities, Hitt skimmed cash contributions and otherwise misappropriated funds from the scholarship fund over a period of "several months" after he had been appointed president of the non-profit in October 2010. 

Read the story here and here.

Update (3/9/12): Hitt pleaded guilty to embezzling more than $133,000 from the U.S. Marine Scholarships Desert Cities Inc.

Update (4/25/12): Hitt has now withdrawn his guilty plea.