An executive at an Irvine-based federal contracting company supplying law enforcement-related, electronic monitoring services is facing a potential 10-year prison trip for embezzling more than $3.3 million.
Steven A. Hagstrom, controller at Sentinel Offender Services, LLC., used his control of the company's revenue deposits to divert funds into his own bank account and, at least for a couple of years, mask his thievery, according to U.S. Department of Justice records.
Sentinel provides GPS monitoring services to federal, state and local courts, probation offices, law enforcement agencies as well as correctional operations.
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Hagstrom started with the privately-held company in 2003 as an accountant.
He's free from custody on $5,000 bail and will face a future sentencing hearing with Assistant United States Attorney Lawrence E. Kole and U.S. District Court Judge David O. Carter inside Orange County's Ronald Reagan Federal Courthouse.
Will the white collar crook get prison or home detention and a requirement to wear a Sentinel GPS ankle device?
It's a federal crime to embezzle funds from an organization that receives money from the U.S. Treasury.
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CNN-featured investigative reporter R. Scott Moxley has won Journalist of the Year honors at the Los Angeles Press Club; been named Distinguished Journalist of the Year by the LA Society of Professional Journalists; obtained one of the last exclusive prison interviews with Charles Manson disciple Susan Atkins; won inclusion in Jeffrey Toobin’s The Best American Crime Reporting for his coverage of a white supremacist’s senseless murder of a beloved Vietnamese refugee; launched multi-year probes that resulted in the FBI arrests and convictions of the top three ranking members of the Orange County Sheriff’s Department; and gained praise from New York Times Magazine writers for his “herculean job” exposing entrenched Southern California law enforcement corruption.