Ex-military contractor executive sentenced in $825,000 embezzlement

[Judi Lynn]

Source: San Diego Union-Tribune

Ex-military contractor executive sentenced in $825,000 embezzlement
By KRISTINA DAVIS | The San Diego Union-Tribune (Tribune News Service) | Published: March 28, 2017


A former executive of a San Diego military contracting firm was sentenced in federal court Monday to a year of home confinement for embezzling more than $825,000 from the company and spending the funds on lavish treats.

Stuart Teshima, the former chief financial officer of Epsilon Systems Solutions, was also ordered to continue paying off restitution to the firm’s insurance company, which covered the losses. He still has about half, or $470,500, to go.

U.S. District Judge Anthony Battaglia sentenced Teshima to time already served in custody — one day — and to three years of probation, which will include the year of home detention.

Teshima was in charge of the company’s credit card program and abused his authority to rack up personal charges that included travel, jewelry, fine dining, furniture, gifts for family members and $10,000 for his personal tax bill, according to prosecutors. One expense was a bill from the private University Club in downtown San Diego for more than $5,000.

Read more: https://www.stripes.com/news/us/ex-military-contractor-executive-sentenced-in-825-000-embezzlement-1.461026#.WNsrCzvyvIU

[tenorly]

1. Tip of the Pentagon corruption iceberg, no doubt.

With $6.5 trillion unaccounted for, there has been plenty to go around.

[notdarkyet]

3. And trump wants to increase their budget by a huge amount.

[tenorly]

4. Of course. My guess is that Cheeto found a way to get on the defense contract gravy train.

Much like the Bushes controlled United Technologies through the Carlyle Group.

And since Carlyle - like Poppy Bush's blind trust - is based in Bermuda, no denial of theirs could taken as credible - least of all after the way Dubya led us into the Iraq Invasion, the most corruption-laden war in U.S. (and possibly world) history.

[Bernardo de La Paz]

2. $825,000 1 year at home for white collar crime. Blue collar crime for 2%: 10 years

Literally a blue collar plumber, 10 years for $16,000 theft which is 2% of what Teshima stole.



http://www.azcentral.com/story/news/local/mesa/2017/03/08/mesa-plumber-sentenced-10-years-prison-theft-arizona-attorney-generals-office-says/98887094/

[mdbl]

5. so true

if one of us had stole candy from a 7-11 we'd be in jail a couple of years.