(FOX 5/KUSI) — A woman from the Point Loma neighborhood of San Diego will spend time behind bars after she admitted embezzling and laundering millions of dollars from her employer.
Ping Gao, who also goes by “Jenny,” worked for three aviation investment firms — Nautical Hero Group, LLC, Axiom United Holdings, LLC and Vitality International Management, LLC. All three companies are owned by the same employer and based at Montgomery-Gibbs Executive Field airport.
According to a news release from the U.S. Attorney’s Office for the Southern District of California, Gao admitted to stealing more than $8.5 million from her employer’s bank accounts.
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The 55-year-old Gao fraudulently created accounts and then funneled company funds into them before going on a spending spree…