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		<title>Riverside man sentenced for buying Coachella tickets with firm’s funds</title>
		<link>https://hsjchronicle.com/riverside-man-sentenced-for-buying-coachella-tickets-with-firms-funds/</link>
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		<dc:creator><![CDATA[Contributed]]></dc:creator>
		<pubDate>Sun, 10 Apr 2022 16:00:00 +0000</pubDate>
				<category><![CDATA[Crime & Incidents]]></category>
		<category><![CDATA[Coachella]]></category>
		<category><![CDATA[federal prison]]></category>
		<category><![CDATA[Riverside]]></category>
		<category><![CDATA[tickets]]></category>
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					<description><![CDATA[<p>A Riverside man was sentenced to two years in federal prison for embezzling more than $350,000 from his employer to pay for Coachella tickets, a hot tub and other extravagant personal expenses.</p>
<p>The post <a href="https://hsjchronicle.com/riverside-man-sentenced-for-buying-coachella-tickets-with-firms-funds/">Riverside man sentenced for buying Coachella tickets with firm’s funds</a> appeared first on <a href="https://hsjchronicle.com">The Hemet &amp; San Jacinto Chronicle</a>.</p>
]]></description>
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<p class="wp-block-paragraph">A Riverside man was sentenced to two years in federal prison for embezzling more than $350,000 from his employer to pay for Coachella tickets, a hot tub and other extravagant personal expenses.</p>



<p class="wp-block-paragraph">As manager of the tech firm Networks 2000, Matthew P. Hernandez controlled finances and was able to transfer company money to his personal accounts, the U.S. Attorney’s Office said. </p>



<p class="wp-block-paragraph">He issued direct deposits from the company’s checking account to pay off personal credit card debt and used corporate credit cards to buy luxury items including a home gym, a $3,500 hot tub and a watch priced more than $1,000, the Los Angeles Times reported Monday. </p>



<p class="wp-block-paragraph">The scheme involved hundreds of transactions over seven years, prosecutors said. </p>



<p class="wp-block-paragraph">Matthew P. Hernandez, 46, had pleaded guilty to wire fraud. He was sentenced on Friday. </p>



<p class="wp-block-paragraph">The sentencing also ordered him to pay restitution of more than $356,600 to the San Diego-based company, the Times said.</p>



<p class="wp-block-paragraph">AP News | Contributed</p>



<p class="wp-block-paragraph">Find your latest news here at <a href="https://hsjchronicle.com/">the Hemet &amp; San Jacinto Chronicle </a></p>
<p>The post <a href="https://hsjchronicle.com/riverside-man-sentenced-for-buying-coachella-tickets-with-firms-funds/">Riverside man sentenced for buying Coachella tickets with firm’s funds</a> appeared first on <a href="https://hsjchronicle.com">The Hemet &amp; San Jacinto Chronicle</a>.</p>
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