微信
手机学习
智选
报班
  • 客服热线: 4008-000-428

CBS Credit Union Manager Pleads Guilty to $40 Million Fraud

发布时间:2019年05月28日| 作者:| 来源:ACFE官网| 点击数: |字体:    |    默认    |   

By 

The manager of a credit union for CBS employees pleaded guilty in Los Angeles federal court on Monday to a $40 million embezzlement scheme.

Edward Rostohar, 62, was arrested in March after the scheme began to unravel. According to prosecutors, he admitted to stealing money from the bank for the last 20 years.

Rostohar is set to be sentenced on Sept. 16. Prosecutors are expected to seek up to 15 years in prison, thanks largely to the magnitude of the losses. In the plea agreement, he agreed to forfeit various bank accounts and personal property, including watches, jewelry, a Tesla and a Porsche, as well as precious coins and bars seized from the Porsche.

 

Authorities believe that Rostohar gambled away much of the proceeds of the fraud. He is also accused of spending some of it on private jet flights, and to start a business in Reno, Nev.

Federal officials shut down the CBS Employees’ Federal Credit Union following the discovery of the fraud, and transferred the assets and liabilities to the University Credit Union. The credit union served about 2,800 members, whose deposits were insured up to $250,000.

Credit unions are subject to inspection by the National Credit Union Administration. Prior to working for the CBS Employees’ Federal Credit Union, Rostohar had been an auditor at the NCUA, and knew what auditors would look for and how to avoid detection, prosecutors said.

Rostohar would cut checks to himself or associates, and alter the credit union’s ledgers to conceal the thefts, according to a criminal complaint. The scheme snowballed as Rostohar tried to cover the losses.

The scheme began to fall apart on March 6, when Chery Sicka, the assistant manager, stumbled on a $35,000 check made out to Rostohar. Sicka then discovered several other checks to Rostohar totaling $3.775 million, all of which were co-signed by another credit union employee. The employee stated that she had never signed the checks. Rostohar was confronted with the information on March 12, and suspended. He was escorted out of the building.

Later that day, Rostohar’s wife called 911 and said her husband had stolen money from work and was possibly trying to flee the country, according to a search warrant affidavit. Rostohar was arrested and admitted to forging the bank employee’s signature and to stealing $40 million.

译文:CBS员工信用合作社的经理周一在洛杉矶联邦法院对一项价值4000万美元的贪污计划表示认罪。

62岁的爱德华·罗斯托哈Edward Rostohar)在计划开始解散后于3月被捕。据检察官称,他承认过去20年来从银行偷钱。

罗斯托哈定于9月16日被判刑。预计检察官将在监狱中寻求长达15年的监禁,这在很大程度上要归功于损失的严重程度。在认罪协议中,他同意放弃各种银行账户和个人财产,包括手表,珠宝,特斯拉和保时捷,以及从保时捷查获的贵重金币和酒吧。

 

当局认为,罗斯托哈赌博了欺诈的大部分收益。他还被指控将其中的一部分用于私人飞机航班,并在内华达州里诺市开展业务。

在发现欺诈行为后,联邦官员关闭了CBS员工的联邦信用合作社,并将资产和负债转移到了大学信用社。信用合作社为大约2,800名会员提供服务,其存款最高可达250,000美元。

信用合作社需要接受国家信用社管理局的检查。检察官说,在为CBS雇员联邦信用合作社工作之前,罗斯托哈曾是NCUA的审计员,并且知道审计师 该 内容 由 中审 网 校 所 属w ww . au d i tc n.com会寻找什么,以及如何避免被发现。

根据一项刑事诉讼,罗斯托哈将对自己或同事削减支票,并改变信用合作社的分类账,以隐瞒盗窃案。罗斯托哈试图弥补损失,该计划滚雪球。

该计划在3月6日开始分崩离析,当时助理经理奇瑞西卡偶然发现了向Rostohar支付的35,000美元支票。随后,Sicka向Rostohar发现了其他几张支票,共计377.5万美元,所有这些支票都是由另一位信用合作社员工共同签署的。该员工声称她从未签署过支票。罗斯托哈尔在3月12日遇到了这些信息,并被暂停。他被押送出了大楼。

 

根据一份搜查令宣誓证词,罗斯托哈的妻子当天晚些时候打电话给911并称她的丈夫从工作中偷了钱,并可能试图逃离该国。罗斯托哈尔被捕并承认伪造银行员工的签名并偷窃了4000万美元。

热销商品推荐
学员心声