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		<title>South San Francisco worker allegedly embezzles near $2 million &#124; Native Information</title>
		<link>https://losgatosnewsandevents.com/south-san-francisco-worker-allegedly-embezzles-near-2-million-native-information/</link>
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		<pubDate>Tue, 20 Dec 2022 17:57:44 +0000</pubDate>
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					<description><![CDATA[<p>A South San Francisco produce wholesaler employee allegedly embezzled $1.9 million over four months, the San Mateo County District Attorney&#8217;s Office said Monday. Kyle Loveness, a longtime employee of JC Cheyne &#038; Co. in charge of finances, is accused of sending the money to a private account in Mexico through wire transfers from June to &#8230;</p>
<p>The post <a href="https://losgatosnewsandevents.com/south-san-francisco-worker-allegedly-embezzles-near-2-million-native-information/">South San Francisco worker allegedly embezzles near $2 million | Native Information</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
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<p>A South San Francisco produce wholesaler employee allegedly embezzled $1.9 million over four months, the San Mateo County District Attorney&#8217;s Office said Monday.</p>
<p>Kyle Loveness, a longtime employee of JC Cheyne &#038; Co. in charge of finances, is accused of sending the money to a private account in Mexico through wire transfers from June to October, the DA&#8217;s Office said.</p>
<p>Loveness, 61, of Foster City, started sending small amounts that grew larger and reached $529,000 at its height, the DA&#8217;s Office said.  The 13 transactions went unnoticed until Loveness went on vacation, and another employee noticed the irregularities and that there wasn&#8217;t enough money to cover expenses.</p>
<p>According to prosecutors, Loveness claimed the money was for a timeshare in Mexico.  The money has not been found, according to prosecutors.  Loveness remains in custody, and his next court date is Nov. 10.</p>
<p>The post <a href="https://losgatosnewsandevents.com/south-san-francisco-worker-allegedly-embezzles-near-2-million-native-information/">South San Francisco worker allegedly embezzles near $2 million | Native Information</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
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