A former Los Angeles United States Postal Service letter carrier was sentenced on Monday to five-and-a-half years in federal prison for stealing millions in Treasury and other checks from the mail over four years.
Rashad Deon Stolden, 34, of Huntington Beach, pleaded guilty earlier this year to one count of conspiracy to commit bank fraud. In sentencing arguments, prosecutors said Stolden used some of the stolen funds for luxury vacation accommodations, and noted to one co-conspirator that he was “trying to retire.”
From 2020 through August 2024, Stolden stole more than $10 million through mail theft, obtaining large-value checks, as well as debit cards from the California Employment Development Department (EDD), which manages the state’s unemployment insurance program, according to his plea agreement and court documents…