San Clemente Corporate Executive Arrested for Embezzlement

November 13, 2009
By Michael L. Guisti on November 13, 2009 8:00 AM |

San Clemente, Orange County - An Orange County corporate executive for a skateboard company was charged with embezzlement and grand theft on Friday for stealing over $365,000 from the company's business account.

Matthew Mercuro, of Orange County, a Corporate Chief Financial Officer, has been charged with embezzlement, 2 felony grand theft, plus sentencing enhancements for excessive taking over $200,000.

During the years he had been working with the skateboarder's company, he has used the funds from the company's account for his personal expenses. According to the Orange County District Attorney, if convicted, he could be sentenced to 6 years and eight months in prison.