Fresno man owes over $1.5M to trucking firm, DOJ says
Nov 26, 2024
FRESNO, Calif. (KSEE/KGPE) - A man was sentenced on Tuesday for embezzling over $1.5 million from his employer in a nearly decade-long scheme, the Department of Justice announced.
The DOJ states from 2004 to 2020, 47-year-old Gabriel Ruiz De Chavez of Fresno worked as a manager for a Fresno-based trucking company. Between 2012 and 2019 he used his position to generate fake invoices to look like they were created by genuine vendors for goods and services.
Court records report that Ruiz De Chavez would then use the fake invoices and corresponding checks made to the vendors with the company's signature to deposit the checks into his personal bank account.
Officials state Ruiz De Chavez would use the money for personal expenses like credit card payments, cash withdrawals, mortgage payments, vacations, and car loans. He was able to be undetected because of his trusted position at the company.
The DOJ reports in total, Ruiz De Chavez created more than 600 fake invoices with $1,561,000 transferred to his bank account.
On Tuesday, attorneys state Ruiz De Chavez was sentenced to two years and nine months in prison for the multi-year embezzlement scheme and ordered to pay over $1.5 million in restitution.