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-05.06.24

Airborne-NextGen-04.30.24

 Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

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 (05.05.24): Omnidirectional Approach Lighting System

Omnidirectional Approach Lighting System ODALS consists of seven omnidirectional flashing lights located in the approach area of a nonprecision runway. Five lights are located on t>[...]

Aero-News: Quote of the Day (05.05.24)

"Polaris Dawn, the first of the program’s three human spaceflight missions, is targeted to launch to orbit no earlier than summer 2024. During the five-day mission, the crew >[...]

Airborne 05.06.24: Gone West-Dick Rutan, ICON BK Update, SpaceX EVA Suit

Also: 1800th E-Jet, Uncle Sam Sues For Landing Gear, Embraer Ag Plane, Textron Parts A friend of the family reported that Lt. Col. (Ret.) Richard Glenn Rutan flew west on Friday, M>[...]

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

Also: Virgin Galactic, B-29 Doc to Allentown, Erickson Fire-Fighters Bought, FAA Reauthorization After dealing with a big letdown after the unexpected decision by Skyreach to disco>[...]

Aero-News: Quote of the Day (05.06xx.24)

“Our aircrews are trained and capable of rapidly shifting from operational missions to humanitarian roles. We planned to demonstrate how we, and our BORSTAR partners, respond>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne-NextGen 05.07.24: AI-Piloted F-16, AgEagle, 1st 2 WorldView Sats

Airborne 05.06.24: Gone West-Dick Rutan, ICON BK Update, SpaceX EVA Suit

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

See All

Advertisement

Podcasts

Advertisement

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