Poker champ who embezzled more than $22 million from California marketing company gets more than 6 1/2 years in prison

LOS ANGELES — A former executive who embezzled more than $22 million from a Los Angeles-based digital marketing company was sentenced Wednesday to more than 6 1/2 years in federal prison. Dennis Blieden, 31, of Cincinnati, also was ordered pay nearly $22.7 million in restitution.

From 2015 to 2019, the former Santa Monica resident was controller and vice president of accounting and finance for StyleHaul Inc., which represents influencers on Instagram and YouTube, the U.S. Attorney’s Office said in a statement.

Blieden, who had entered and won professional poker tournaments, was accused of wiring company money to his personal bank account and using it to pay for expenses that included a gambling debt and to buy cryptocurrency, authorities said.

He pleaded guilty in 2019 to wire fraud and aggravated identity theft.

Related Articles

Man accused of posing as Trump kin, defrauding supporters

Theranos: Prosecutors claim Elizabeth Holmes seeking a jury biased in her favor

EDD fraud mess: Judge sides with jobless workers against big bank

Theranos founder Holmes slammed over ‘deeply intrusive’ jury questions

California man charged in alleged multimillion dollar unclaimed property fraud scheme

…read more

Source:: The Mercury News – Entertainment


(Visited 6 times, 1 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *