Yesterday, former San Mateo resident, Jairo Tomas Santos, admitted that he stole over $1.1 million from his previous employer, a law firm based in San Francisco. Santos worked there as an office manager.
As per the Department of Justice, Santos confessed to depositing approximately 806 fraudulent and unauthorized checks into his personal accounts at Wells Fargo Bank. These transactions totaled a striking $1,191,683. The checks were made payable to himself, with Santos forging the senior partner's signature, starting from March 2016 and continuing until February 2023.
After getting indicted on July 25, Santos pledged to plead guilty to one account of bank fraud. He is currently on bond, awaiting his sentencing on March 12, 2024. If found guilty, he could face up to 30 years in prison with a fine of up to $1,000,000.
According to the Department of Justice, any sentence will solely be given after considering the U.S. Sentencing Guidelines and related federal laws.
