Former Gulfstream Employee Charged With Embezzling | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-Unlimited-04.23.24

 Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Mon, Nov 17, 2014

Former Gulfstream Employee Charged With Embezzling

Attempted To Make Off With Over Eight Million Dollars From The Company

A former finance director for Gulfstream's Long Beach, CA and Las Vegas, NV operations has been charged with attempting to steal $8.5 million from the company.

Marvin Caukin of Calabasas, CA was being held without bail after appearing in federal court on charges of identity theft, money laundering, and mail fraud.

The Associated Press reports that the 66-year-old Caukin set up false companies with names that sounded like aerospace firms with the help of family members and friends. Those companies billed Gulfstream for services that were never provided. He used the money to finance a lavish lifestyle.

Caukin had spent nearly three years in federal prison on an embezzling charges ... having taken $2.4 million from USA Petroleum. He was fired by Gulfstream after it was discovered that he had lied on his application, stating that he had not been convicted of a felony in seven years.

Caukin will appear again in federal court on November 17 for a bail hearing. He has not yet entered a plea.

FMI: www.fbi.gov

Advertisement

More News

ANN's Daily Aero-Term (04.28.24): Airport Marking Aids

Airport Marking Aids Markings used on runway and taxiway surfaces to identify a specific runway, a runway threshold, a centerline, a hold line, etc. A runway should be marked in ac>[...]

Aero-News: Quote of the Day (04.28.24)

"It is extremely difficult, if not impossible, for manned aircraft to see a drone while conducting crop-enhancing and other aerial applications at low altitudes and high speeds. We>[...]

ANN's Daily Aero-Linx (04.28.24)

Aero Linx: The Skyhawk Association The Skyhawk Association is a non-profit organization founded by former Skyhawk Pilots which is open to anyone with an affinity for the A-4 Skyhaw>[...]

Aero-News: Quote of the Day (04.29.24)

“The T-54A benefits from an active Beechcraft King Air assembly line in Wichita, Kansas, where all required METS avionics and interior modifications are installed on the line>[...]

ANN's Daily Aero-Linx (04.29.24)

Aero Linx: Aerostar Owners Association The Association offers the Aerostar Owner a unique opportunity to tap an invaluable source of information concerning the care and feeding of >[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 05.01.24: WACO Kitchen, FAA Reauthorization, World Skydiving Day

Airborne-NextGen 04.30.24: Skydweller Flies, Cassio 330, UAV Design Competition

Airborne 04.29.24: EAA B-25 Rides, Textron 2024, G700 Deliveries

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC