The Brief
- A Kyle man has pleaded guilty to one count of wire fraud and one count of engaging in monetary transactions with criminally derived proceeds
- He was accused of embezzling more than $3.2M from his former employer, Austin Freight Systems (AFS)
AUSTIN, Texas – A Kyle man pleaded guilty to embezzling more than $3.2 million from his former employer.
The backstory:
According to court documents, 34-year-old Mitchell David Slentz was in charge of accounting operations at Austin Freight Systems (AFS), overseeing all accounting activities, financial reporting and internal controls, including submitting requests to JPMorgan Chase Bank to make payments to AFS’s vendors. …