Oakland man sentenced in embezzlement scheme – The Mercury News

SAN FRANCISCO — An Oakland man who labored as an assistant to a Marin County-based philanthropist should serve a four-year jail time period and repay $800,000, a U.S. Justice Division spokesman stated Thursday.

In line with a sentence handed down by U.S. District Court docket Decide Charles Breyer, Michael Livingston Henry, 45, should serve 48 months in jail and pay restitution for stealing greater than $800,000 from his employer and her household’s charitable basis, officers stated.

In a plea settlement, Henry admitted to stealing the cash throughout his employment from June 2006 to August 2018 serving to to manage a charitable basis owned by the philanthropist’s household.

Henry admitted to forging the philanthropist’s signature on a whole bunch of checks made out to himself or his facet enterprise whereas the philanthropist was affected by most cancers in 2016 and 2017.

After the philanthropist’s restoration in 2018, she found the embezzlement. A federal grand jury indicted Henry on Feb. 28, 2019, on ten counts of financial institution fraud and 4 counts of aggravated identification theft.

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