SANTA ANA, CALIF.
The former deputy treasurer for the City of Compton plead guilty Thursday to federal charges stemming from his theft of more than $3.7 million of city funds, according to officials.
Salvador Galvan, 47, of La Mirada, plead guilty to one count of theft from an organization receiving federal funds, a felony offense that carries a sentence of up to 10 years in federal prison.
Galvan plead guilty before U.S. District Judge Josephine L. Staton. She scheduled sentencing for Nov. 3.
When he pleaded guilty, Galvan admitted that he stole $3.7 million from the City of Compton from May 2010 through December 2016.
Galvan, who worked in the Compton Treasurer’s Office for more than 20 years, was responsible for tallying the cash received by the city as payment for parking tickets, business licenses, and other fees.
After the cash was counted, Galvan prepared the money for deposit into a city bank account.
According to court documents, Galvan skimmed cash from the daily receipts on numerous occasions, sometimes taking as much $8,000 per day.
Galvan has agreed to forfeit to the government the remaining proceeds of his embezzlement, which includes cash and cars purchased with the stolen money, according to officials.
He has also agreed to pay restitution to the City of Compton as ordered by Judge Staton, officials said.
In conjunction with Galvan’s guilty plea, his wife – Rosa Maria Galvan – was charged with money laundering related to the embezzled funds.
She pleaded guilty to that charge yesterday as well and will also be sentenced on Nov. 3, according to authorities.Warning: file_get_contents(): https:// wrapper is disabled in the server configuration by allow_url_fopen=0 in /hermes/bosnacweb02/bosnacweb02af/b360/ipg.sbnotebookcom/wp-content/themes/goodnews5/framework/functions/posts_share.php on line 151 Warning: file_get_contents(https://plusone.google.com/_/+1/fastbutton?url=http%3A%2F%2Fwww.cjnotebook.com%2Fformer-california-deputy-treasurer-stole-3-7-million-from-the-city-of-compton%2F): failed to open stream: no suitable wrapper could be found in /hermes/bosnacweb02/bosnacweb02af/b360/ipg.sbnotebookcom/wp-content/themes/goodnews5/framework/functions/posts_share.php on line 151