October 1, 2022

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Previous Common Counsel And Chief Business Officer For Monetary Technology Corporation Sentenced To Much more Than 3 Decades In Jail For Embezzlement Plan | USAO-NDCA

SAN FRANCISCO—Brooke Campbell Solis was sentenced to 37 months in prison and ordered to pay out $500,000 in restitution for wire fraud costs levied in relationship with a scheme to embezzle money from her former employer, announced United States Attorney Stephanie M. Hinds and FBI Unique Agent in Charge Craig D. Reasonable.  The sentence was handed down by the Honorable James Donato, U.S. District Decide.

Solis, 51, of Austin, Texas, pleaded responsible to the expenses on August 23, 2021.  In accordance to the plea settlement, in January of 2018, Solis was an legal professional licensed to practice law in the Condition of California when she was employed by a San Francisco-based financial engineering business as its standard counsel. For most of her employment, she was permitted to perform remotely from her home in Austin, Texas.  In her ability as general counsel, she managed the legal, economical, and accounting practices for the corporation and in March, 2019, she was promoted to the position of Chief Organization Officer at the organization.  In connection with her work obligations, Solis was given “Super Administrative” privileges in the accounting and expense management systems employed by her employer.  According to the plea settlement, Solis acknowledged that she employed these privileges to defraud her previous employer and embezzle funds from the organization. 

1 strategy Solis utilized to defraud her former employer was by preparing and using fraudulent invoices.  Exclusively, she requested payment from the employer to a shell firm, The Paralegal Team LLC, that she produced and controlled.  On June 2, 2019, Solis entered into a consulting agreement involving The Paralegal Group and her employer. Solis utilised the initials “R.D.,” to sign the arrangement.   On the identical day that Solis signed the consulting agreement—both on behalf of herself as The Paralegal Group and for her employer—Solis also submitted an bill for $9,222.50 from The Paralegal Group.  The invoice was dated May possibly 31, 2019, ahead of the consulting settlement even came into existence. 

A further method Solis applied to defraud her previous employer was to find reimbursement for fraudulent fees.  For illustration, on July 24, 2019, two times just after ending her work with her previous employer, Solis submitted a private cost of $4,575, for 61 times of “Jackson and Oliver boarding” at a doggy boarding organization. In the plea arrangement, Solis admitted that the boarding of the canines was a personalized price.  Yet, at the time she submitted the fraudulent price, she had accessibility to her earlier companies account and even now exercised tremendous-administrative privileges which experienced not still been taken away from her. In sum, Solis brought on payment of the $4,575 to be compensated by her former employer and the resources to be electronically deposited into her private account. 

Solis also ongoing to defraud the firm right after she remaining.  She was charged with, and pled responsible to, four wire fraud transactions, in which she diverted at least $400,000 of the company’s money to her own personal checking account approximately two months after her work ended.  In whole, Solis stole more than $500, 000 from the victim corporation.

On July 29, 2021, the Business office of the United States Legal professional for the Northern District of California submitted an details charging Solis with 6 counts of wire fraud, in violation of 18 U.S.C. § 1343.  Solis pleaded guilty to all six counts. 

Solis agreed to surrender her license to practice legislation as portion of her plea arrangement. Choose Donato purchased the defendant to self-surrender and commence serving her prison time period on March 21, 2022. In addition, Choose Donato ordered Solis to serve a 3-year term of supervised launch to start immediately after the prison expression has expired.

Assistant U.S. Attorney Robin Harris is prosecuting the case.  The prosecution is the outcome of an investigation by the Federal Bureau of Investigation.