East Bay man sentenced to prison for embezzlement, money laundering
By Jason Green
Published on June 2, 2026.
A 34-year-old man from Union City, California, has been sentenced to 1½ years in federal prison for embezzling over $800,000 from his position as an assistant branch manager at a Wells Fargo bank. The money was stolen from the bank and transferred to his personal bank accounts to cover losses incurred during trading. In addition to the prison term, he will serve three years of supervised release and pay more than $900 in restitution.
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