Posted By CotoBlogzz
Rancho Santa Margarita, CA – Well, that was quick! See our previous report: Laura Zellerback, Long Beach, to be arraigned today for
embezzlement from youth soccer club
Zellerbach, 41, Long Beach, pleaded guilty
today to one felony count of embezzlement by fiduciary of trust, one felony
count of falsifying records, one felony count of money laundering, and one
felony count of computer access and fraud, with a sentencing enhancement for
property damage or loss over $65,000.
She was sentenced today to five years formal
probation, one year in jail, and ordered to pay $227,000 in restitution. The
defendant has returned $106,000 in restitution prior to her sentencing today.
Between April 2013 and January 2015, Zellerbach
served as treasurer for the Fullerton Rangers Youth Soccer Club (FRYSC). She
had access to all of the individual team accounts and club organization
accounts. At the time of the crime, she handled the finances for a business she
and her husband owned, Zellcorp Inc. dba Restaurant Packaging Group.
Zellerbach embezzled over
$174,000 from FRYSC by transferring money from the various team accounts into
her own personal account, withdrawing FRYSC's money at a bank or ATM, and
through debit card transactions.
She laundered the embezzled
money by transferring the funds into her personal accounts and using the money
as capital loans from her personal account to fund Zellcorp Inc. She withdrew
over $20,000 for a cashier's check to partially pay for a European vacation for
her children. Zellerbach resigned as treasurer after FRYSC board members began
questioning her about the organization's finances.
The Fullerton Police
Department investigated this case and arrested Zellerbach on Feb. 3, 2016.
Deputy District Attorney Chuck
Lawhorn of the Major Fraud Unit/White Collar Crime Team prosecuted this case.
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