LOS ANGELES — Compton’s former deputy treasurer has pleaded guilty to embezzling nearly $4 million from the Los Angeles-area city.
FBI agents arrested Salvador Galvan in March. Prosecutors said that for six years, Galvan skimmed about $3.7 million from cash collected from parking fines, business licenses and city fees. An audit found discrepancies ranging from $200 to $8,000 per day.
Prosecutors say Galvan went from driving an old Toyota to an Audi sedan and demolished and rebuilt his La Mirada home — all on a salary of $60,000 a year.
The Los Angeles Times reports (http://lat.ms/2vjj7JD) Galvan entered a guilty plea on Thursday to one count of theft from an organization receiving federal funds.
Galvan’s wife, Rosa, also pleaded guilty to receiving stolen money.
The two are scheduled to be sentenced in November.