OAKLAND — A 43-year-old man who was an employee of a Union City trucking company has been charged with more than 150 felonies for his role in an embezzlement scheme that lasted close to a decade and pilfered more than $4 million, authorities said.
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In a statement, Alameda County District Attorney Pamela Price said the charges include 89 counts of grand theft by embezzlement — one charge for each month between January 2015 and May 2022, when authorities allege the crimes occurred.
Authorities said they arrested the man at the San Francisco Bay Oakland International Airport on Tuesday.
Price said prosecutors also have charged the man with 65 counts of money laundering for allegedly depositing more than $900,000 of the embezzled funds as cash deposits into his personal accounts.
Overall, Price said, the man embezzled $4.3 million.
According to Price, the man used his position of trust to control the company finances and to obtain a company fuel card account that he secretly used to write and cash checks to himself on a weekly basis for nearly eight years. Prosecutors believe the man used the stolen funds to finance a lavish lifestyle that included luxury vacations and travel, attending professional sports contests, expensive retail purchases, and near-constant gambling, Price said.
Prosecutors also charged the man with perjury, Price said. They allege that he falsely claimed under oath in an unrelated court filing that he had $10,000 per month of net gambling winnings. Price said it was an attempt by the man to disguise how he was funding his lifestyle.