embezzlement scheme News

Gulfstream Accountant Accused of Embezzling $8.5M

An embezzler who served time in federal prison was arrested in a scheme to steal at least $8.5 million from Gulfstream Aerospace Corp. to finance a lavish lifestyle, the FBI said. Following Friday’s arrest, Marvin Caukin of Calabasas, Calif., was …

Travelers Drops Tennessee County’s Fraud Protection Policy

Officials say an insurance company is not renewing Shelby County’s policy protecting against financial crimes, a move that stems from an alleged embezzlement scheme at Chancery Court that led to $1 million in losses. Travelers Insurance told the county in …