Monday, March 28, 2011

Former CFO Of California Firm Charged With Embezzling More Than $1.9 Million

Salvatory Josef Fulwider, 36, of Yorba Linda, was arrested and charged last month with embezzling more than $1.9 million from McLarand Vasquez Emsiek & Partners, a local architectural firm where he had been employed as CFO. According to prosecutors, Fulwider transferred some $1.3 million out of one of the firm's partners' accounts and also received over $680,000 in fraudulent reimbursements from the firm. He has been charged with 2 counts of grand theft, 9 counts of forgery and 37 counts of falsifying records. Fulwider's scheme spanned at least 4 years.

Read the story here, here and here.

Read the DA's announcement here.

Hat tip: Reader Connie.

Update (6/5/11): Fulwider, now 38, was sentenced to 13 years in prison.  He was convicted of two felony counts of grand theft, nine counts of forgery, 37 counts of falsifying records

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