Former Financial Controller Admits to Embezzle Nearly Half a Million Dollars from a San Diego Family News | USAO-SDCA

Financial Severity Responds to Attacks on Legitimate Tax Planning

Derick Jonathan Cameron                                          Age: 37                       Vancouver, Washington DEFENDANT                                            Case Number 21cr2128-TWR                                 SUMMARY OF CHARGES

“Mr. Cameron treated his job as Financial Controller as his own private expense account thinking he deserved more money,” said FBI Special Agent in Charge Suzanne Turner. “His actions put the livelihood of the business in danger and hopefully today’s guilty plea brings a sense of justice and closure to the victim in this case.”   “The impact of fraud on small businesses can be devastating,” said Acting U.S. Attorney Randy Grossman. “This defendant abused his position of trust to enrich himself, and he has been held to account for his crime.”  Grossman praised Assistant U.S. Attorney Rebecca Kanter and the FBI case agents for their work handling this case.

Cameron is scheduled to be sentenced on October 18, 2021 at 9:30 a.m. before U.S. District Judge Todd W. Robinson. In a hearing before U.S. Magistrate Judge Jill L. Burkhardt, Cameron admitted he abused his access to the company’s accounting software and issued more than 200 unauthorized checks to himself using the electronic signature of the company’s CFO and deposited them into his personal bank account. He then concealed the payments by manipulating the company’s accounting records to make it appear that each check was issued to a legitimate third-party vendor for a business expense.  The company discovered Cameron’s fraudulent activity in April 2018, fired Cameron, and reported the conduct to law enforcement when Cameron was unable to make his promised repayments on schedule.

Federal Bureau of Investigation AGENCY

Maximum penalty: Twenty years in prison and $250,000 fine, or twice the gain/loss, whichever is greater Wire Fraud – Title 18, U.S.C., Section 1343

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