Former LA church chairman charged with $11.4M theft
LOS ANGELES (AP) — The former board chairman of the Fifth Church of Christ, Scientist in Los Angeles has been charged with stealing $11.4 million and using it for personal expenses, including buying a home and a membership to an exclusive dining club at Disneyland.
Fifty-four-year-old Charles Sebesta of Huntington Beach was arrested Monday on a federal grand jury indictment alleging wire fraud, bank fraud and identity theft.
It’s unclear whether he has a lawyer.
Prosecutors say for at least a decade beginning in 2006, Sebesta had money sent to bank accounts in his name, the names of his family members and several phony companies.
Sebesta’s also accused of wiring about $2 million to his personal tax accounts in order to overpayment refunds.
If convicted, he could face more than 250 years in prison.