Ex-Placentia Finance Manager Sentenced to 25 Years in Prison
The former financial services manager of Placentia, Michael Minh Nguyen, was sentenced to 25 years in prison Friday for embezzling over $5 million in taxpayer money. In addition, Nguyen has agreed to pay up to $10 million in fines and $2.6 million in restitution to the struggling town.
Nguyen’s crimes took place during a turbulent time for the department, which he was leading on an interim basis. The scandal represents a “dark stain” on the city that leaders are struggling to erase, said Placentia City Administrator Damien Arrula.
“Perhaps what pains me the most is that you, Mr. Nguyen, grew up here and spent most of your professional career in this area,” Arrula said in court. “This was your home. This was our home. And you took a torch to it.”
Nguyen’s crimes were so egregious that he faced up to 100 years in prison. Arrest warrants have been issued for two other men involved in some of Nguyen’s schemes.
Read more about Nguyen’s crimes and his 25-year sentence here.