Ex-Goodwill CEO Arrested for Allegedly Stealing Over $1 Million from Nonprofit

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A former regional CEO of Goodwill is facing charges of stealing huge sums of money from the nonprofit.

Richard Alan Abrusci, 45, was arrested and charged with nine counts of wire fraud, one count of aggravated identity theft and three counts of monetary transactions with proceeds of specified unlawful activity, according to a news release Thursday from the U.S. Attorney’s Office for the Eastern District of California.

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The release said Abrusci siphoned off $1.4 million by funneling money to a fictitious subsidiary that he controlled.

“From 2016 through 2021, Abrusci fraudulently caused the non-profit organization and one of its subsidiaries to pay approximately $1.4 million to Resolution Arrangement Services (RAS),” the release said.

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“RAS consisted of nothing more than a fictitious business name that Abrusci registered in 2008 and a bank account that he opened the same year,” it continued.

https://thefederalistpapers.org/opinion/ex-goodwill-ceo-arrested-allegedly-stealing-1-million-nonprofit