California Man Pleads Is Sentenced For Embezzling $825K From Travel Companies To Support Lavish Lifestyle

Jeremy Kealoha Belisario, 38, formerly of Irvine, California, has pleaded guilty to charges he embezzled some $825,000 from two travel companies he had worked for as travel manager, including TravelCorp USA and another unnamed family own travel business.  Belisario was subsequently sentenced to 12 years in state prison and ordered to pay restitution and fines of more than $2.6 million.   Authorities alleged that between June 2006 and March 2008, Belisario made numerous fraudulent purchases with company credit accounts for luxury travel and to purchase personal luxury items, among other things.  Meanwhile, the small family run travel business, which he hit for $800,000, was forced to lay off 15 employees and cut pay for the remainder in order to survive.  Belisario pleaded guilty to grand theft by an employee and fraudulently using an access card, two counts of grand theft, two counts of identity theft, two counts of acquiring access card information without permission, one count of embezzlement by an employee, and admitted to sentencing enhancements for aggravated white-collar crime of more than $500,000 and property damage of more than $150,000.

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