Chico Man Sentenced For Embezzling $693,000 From Charity
Published on Aug 28, 2010 - 6:22:02 AM
SACRAMENTO, Calif. August 27, 2010 — United States Attorney Benjamin B. Wagner announced that today United States District Judge Edward J. Garcia sentenced Thom V. Randle, 69, of Chico, to 33 months in prison for computer fraud and money laundering in connection with his theft of $693,000 from the Columbian Retirement Home. He pleaded guilty on May 14, 2010. He is required to surrender to the U.S. Marshals in 60 days to begin serving the sentence.
This case is the product of an extensive investigation by the IRS – Criminal Investigation and the Federal Bureau of Investigation. Assistant United States Attorney Robin R. Taylor is prosecuting the case.
According to documents filed in court, Randle served as vice president of finance for Columbian Retirement Home in Marysville. Randle admitted in court that between September 2004 and September 2005 he used the Internet to open bank accounts for the home without authorization. On multiple occasions, Randle transferred funds from these accounts into other bank accounts he controlled. He admitted to using stolen funds to pay personal expenses.
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