Euan David MacGregor, previously known as David Joseph Bean, has been sentenced to 41 months in prison for defrauding his former employer of over $3.2 million. The sentencing was delivered by Senior Judge John A. Mendez in Sacramento, California. In addition to the prison term, MacGregor will undergo 36 months of supervised release and must pay restitution amounting to $3,217,456.41 to the victim.
The fraudulent activities took place between November 2014 and January 2020 when MacGregor served as Chief Administrative Officer. According to court documents, he executed the scheme by diverting at least 122 checks intended for his employer into accounts he controlled. He achieved this by creating a shell corporation with a name similar to that of his employer and depositing the checks into accounts opened under this shell entity's name.
Furthermore, MacGregor misled his employer by claiming he outsourced bookkeeping work to Essential Business Services—a company he secretly owned and operated. This deception led his employer to pay thousands monthly for services never rendered. The funds acquired through these fraudulent means were used for personal expenses including mortgage payments, credit card bills, educational costs, travel expenses, and vehicle purchases or leases.
The case resulted from an investigation conducted by the Federal Bureau of Investigation (FBI), with Assistant United States Attorney Shelley D. Weger handling the prosecution.