LBRY Block Explorer

LBRY Claims • how-2-thieves-stole-2-million-from

9741bc0829f8198f1b5d4e5b0a461b2ca6a3b159

Published By
Created On
3 Feb 2024 19:25:14 UTC
Transaction ID
Cost
Safe for Work
Free
Yes
How 2 Thieves Stole $2 Million From Schools To Build Crypto Mining Farm
Two officials from the Patterson Joint Unified School District in Sacramento, California, have admitted to embezzling funds and resources totaling up to $1.8 million, along with electricity, to secretly construct and operate a cryptocurrency mining operation. The Department of Justice revealed that Jeffrey Menge, the assistant superintendent, diverted as much as $1.5 million over four years, whereas Eric Drabert, the IT director, appropriated up to $300,000.

Their fraudulent activities included the creation of a fictitious executive to facilitate over $1.2 million in fraudulent transactions through a company controlled by Menge, named CenCal Tech. This involved double billing, overbilling, and charging for undelivered items to the district. They used the embezzled funds to purchase high-end graphics cards for their crypto mining setup, which was powered by the school district's electricity. Additionally, they spent on luxury items and property renovations, including a 2010 Ferrari 458 Italia and remodeling of properties.

Following an FBI raid last year, both Menge and Drabert pleaded guilty to these charges in a federal court in Sacramento. They face a minimum sentence of 10 years in prison and a $250,000 fine, with their sentencing scheduled for May 30

Join this channel to get access to perks:
https://www.youtube.com/channel/UCftTNVk6GO6u0m7WkhJEr1w/join

It's time to stop the confusion. Join Us!!!

Follow us on our 2nd Youtube Channel for stocks: https://www.youtube.com/channel/UCvpS3H_mKa2oMCfWZolDrjw

Follow us on Twitter @HueFin_News

Follow us on Instagram - huefinnews

Follow us on Facebook - HueFin News

Inquiries: contact us at huefinnews@gmail.com

Here at HueFin News we will show you that you do not need to buy expensive charting software or use indicators to understand where the market is going. The cryptocurrency market, stock market, and commodities market all speak through the charts. It is a language and it is spoken through volume and bars.

It is our purpose to give you market analysis and news that is not confusing.

In order to be a profitable trader you have to PREDICT with HIGH CONFIDENCE where price is LIKELY to move. Understanding market language will allow you see where price is going to move with high precision.

That's why we are giving you news (before it happens) according to the charts.

Make sure you subscribe to this channel to get a better understanding of the market without indicators, shapes, patterns, or expensive software. Also, leave a comment if you have any questions.

HueFin News will also speak on topics that are important to you. Some topics include: cryptocurrency news, gold, silver, oil, fiat currencies, fintech, stocks, economic metrics, day trading, swing trading, FOREX, and many other topics that we feel is vital to your profitability in the financial markets.

**This is not investment advice**
**Trading involves risk**
**This is for educational purposes only**

#cryptocrime #cryptocurrencycrime #crime2024
...
https://www.youtube.com/watch?v=W01dzu8zDpI
Author
Content Type
Unspecified
video/mp4
Language
English
Open in LBRY

More from the publisher

Controlling
VIDEO
CARDA
Controlling
VIDEO
BUY T
Controlling
VIDEO
IBM S
Controlling
VIDEO
THIS
Controlling
VIDEO
MATIC
Controlling
VIDEO
BUY P
Controlling
VIDEO
3 REA
Controlling
VIDEO
POLYG
Controlling
VIDEO
XRP (