Sunday, November 4, 2012
CA Man Charged With Alleged Theft of $17 Mil
Leo Joshua Kennedy, 60, of Danville, was indicted on 10 counts of wire fraud.
Kennedy was formerly the controller of Backhouse Fiduciary Services of Campbell, of which Christine Backhouse is president.
U.S. Attorney Melinda Haag said the indictment alleges that Kennedy stole $17 million from trust accounts managed by the company.
Kennedy is due to make an initial court appearance before U.S. Magistrate Paul Grewal in San Jose on Nov. 20, Haag said.
Full Article and Source:
Danville Man Indicted on Fraud After Alleged Theft of $17 Million