Articles Tagged with accounts

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An executive for the cosmetics company Urban Decay has been accused of stealing more than $1 million through bank transfer transactions between the business and fraudulent accounts he created. He is facing felony charges for the allegations.

Irvine resident Ranjeet Reddy Paladugo holds a position as the vice president of finance at the Newport Beach based company Urban Decay. He is suspected of utilizing several banks in order to create fake accounts, which were similarly named after business affiliates of the company, in order to embezzle funds that he transferred from Urban Decay. On July 17 he allegedly stole over $1 million from Urban Decay.

Paladugo purportedly commissioned a transaction in the amount of $598,500 which he transferred through one of the phony accounts. He then transferred that money into his personal bank account. This procedure was repeated again in the same amount, and routed through a second bogus business account. Paladugo is said to have used the stolen money for personal use, including the down payment on a house.

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A woman from Texas allegedly created accounts online in her ex boyfriend’s name and used them to issue murderous threats to herself and another woman, causing him to be thrown in jail several times.

In September, 22-year-old Lisa Marie Garcia purportedly began creating fake social media accounts on sites such as Facebook and Instagram using her ex-boyfriend’s name and information to create the profiles. She has been accused of using these accounts in order to issue death threats to herself and another woman with whom he has a child making it appear as if he was composing the threats himself.

Garcia used the content of the messages in an attempt to cause legal trouble for Brandon Berrott, and he was taken into custody when she reported the threats. After his release she continued using the social media accounts with Berrott’s name in order to construct more threats toward herself, and then contacting the police.