Westlake Village Execs Plead Guilty To Embezzlement
Westlake Village Execs Plead Guilty To Embezzlement
A pair of executives at a Westlake Village payment processing firm pleaded guilty to embezzlement charges earlier this month. The former CEO and the SVP of Sales and Marketing at iPayment siphoned more than $5 million from the company.

According to prosecutors, the men set up phony sales offices and instituted a kickback scheme. That allowed them to divert funds from the company for their personal use. The Department of Justice case is just one of two federal actions against the men. The Securities and Exchange Commission filed a complaint against the men. The SEC complaint also named three other executives of the firm, and accused them of participating in the scheme.

The two men face up to five years in federal prison on the embezzlement charges. Federal officials will address the SEC complaint in a separate action.

Westlake Village Embezzlement Attorney

Workplace related crimes will impact you significantly. Not only can you face criminal sanctions, you can also face professional sanctions that will limit or eliminate your ability to work in your chosen field.

Workplace crimes are almost exclusively financial in nature. Most victims of financial crimes simply want to be restored to their previous financial position. They also want to be certain that the individual(s) who targeted them cannot repeat their crimes.

Restitution plays a major role in workplace crime sentencing, but a defendant often can’t make restitution unless he or she is free to work. A skilled, experienced and aggressive criminal defense attorney can help ensure that justice – restorative justice – is truly available to the victims of a workplace crime. If you’ve been accused of a workplace crime, hire an experienced criminal defense attorney. An experienced criminal defense attorney like Robert Helfend has practiced criminal defense in Ventura County for more than 30 years. He will work to limit or eliminate charges against you. He will also work to ensure that a conviction or sentence doesn’t negatively impact your ability to fulfill restitution sentence requirements.

Contact Robert Helfend or call toll-free at (800) 834-6434, (805) 273-5611, (310) 456-3317 or (818) 591-2809 for an immediate consultation on your Ventura County embezzlement case.

Photo Credit: Alex Proimos, via Flickr.com

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