The former operations manager of Networks 2000, a San Diego-based tech support firm, was sentenced Friday to two years in federal prison for embezzling more than $350,000 from the company.
In August 2021, Matthew P. Hernandez pled guilty to four counts of wire fraud after stealing hundreds of thousands of dollars in cash and luxury gifts, including international flights, tickets to Coachella and a hot tub, with the company’s credit card, then attempting to cover up the purchases, The San Diego Union-Tribune reported.
As part of his sentence, Hernandez has been ordered to pay back the $356,000 he stole from 2010 to 2017.
Responsible for the company’s payroll, accounts payable and bonus dispersal systems, Hernandez would make the checks out to his personal bank accounts, but switch the names in the company’s books to other companies it did business with, according to the plea agreement. “Hernandez had unfettered access to the firm’s books and records and authority to sign checks on the firm’s behalf,” prosecutors wrote in a statement. “In his managerial role, Hernandez stole from the firm hundreds of times.”
In addition to sending himself checks worth more than $35,000, he used wire transfers to pay his own credit card bills more than $100,000. With the company credit card, Hernandez bought more than $138,750 worth of items for himself, according to the Attorney General’s Office. Those purchases included tickets to the Coachella music festival, airline tickets to the...
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