A former CFO of San Francisco law firms has been sentenced to over three years in federal prison for siphoning off more than $1.3 million. Tony Archuleta-Perkins, 49, was handed a 37-month sentence yesterday after pleading guilty to bank fraud and money laundering charges in a case highlighting insider financial abuses in professional services.
Archuleta-Perkins, indicted in June 2024 and pleaded guilty in December last year, was accused of using his access to steal from firms where he was employed from 2017 through 2023. According to a statement from the U.S. Attorney's Office, the embezzled funds were used for personal gains, including home improvements and mortgages on his properties. Judge Jacqueline Scott Corley also imposed three years of supervised release and restitution of $1,321,752.72.
Assistant U.S. Attorney Nikhil Bhagat, who prosecuted the case, has not provided further details. The Federal Bureau of Investigation ran the investigation leading up to Archuleta-Perkins' indictment and subsequent guilty plea. The Acting United States Attorney, Patrick D. Robbins, and FBI Special Agent in Charge, Sanjay Virmani, announced the court's decision, signaling a firm stand against fraud and abuse of position in corporate settings.
