Man Spent Millions From Fraud On ‘Game Of War,’ Luxury Cars, Sports Tickets

Man Spent Millions From Fraud On ‘Game Of War,’ Luxury Cars, Sports Tickets


A MULTIMILLION DOLLARS WIRE FRAUD AND MONEY LAUNDERING CASE IN SAN FRANCISCO HAS NOW BEEN SETTLED. WE FIRST TOLD YOU ABOUT KEVIN KOH LAST YEAR AFTER HE WAS ACCUSED OF STEALING 4 MILLION DOLLARS. GOOD EVENING AND THANK YOU FOR JOINING US. KOH HAS PLED GUILTY IN FEDERAL COURT. NEW TONIGHT, DREW BOLLEA IS IN THE NEWSROOM WITH THE DETAILS, DREW. Reporter: KEVIN KOH WAS LIVING A LAVISH LIFESTYLE AND HE WAS AT THE EXPENSE OF HIS EMPLOYER. AND NOW HIS FORMER EMPLOYER IS MAKING CHANGING. FRIENDLY GUY. CO PLED GUILTY FROM STEALING FROM HIS FORMER EMPLOYER HOLT OF CALIFORNIA. A HALF A MILLION ON A LUXURY CAR. $250,000 ON SEASON TICKETS TO THE SAN FRANCISCO 49ERS AND THE SACRAMENTO KINGS. THOUSANDS MORE ON LANDSCAPING TO HIS HOME IN ROCKLAND. A MEMBERSHIP TO WHITNEY OAKS GOLF CLUB AND PLASTIC SURGERIES. IN ALL$4.5 MILLION. WE’RE PLEASED WITH HIM GOING TO JAIL AND THE JUSTICE WILL BE DONE IN THAT REGARD. Reporter: HE SAYS THAT CO WAS HIRED IN 2006 AND DIDN’T GIVE OFF ANY RED FLAGS. CO MANAGED THE ACCOUNTING DEPARTMENT AT HOLT HE HAD FULL ACCESS TO THE COMPANY’S FINANCES AND USED A COMPANY CREDIT CARD AS HIS PERSONAL ATM. WE MADE SOME SIGNIFICANT CONTROL CHANGES TO OUR ACCOUNTS. Reporter: CO FUELED HIS LIFESTYLE WITH HIS EMPLOYERS MONEY AND IS NOW FORCED TO PAY IT ALL BACK. I FEEL BAD FOR HIS KIDS. HE’S PROBABLY GOING TO HAVE TO GO AWAY FOR A LITTLE WHILE. Reporter: CO WILL BE SENTENCED IN THE SPRING. HE FACES A MAXIMUM SENTENCE OF 20 YEARS IN PRISON AND A HEFTY FINE.

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