Grand Jury Indicts Irvine Business Executive for $400,000 Theft

Loot

An Orange County federal grand jury has issued an eight-count criminal indictment against the chief financial officer at an Irvine corporate office.

Kristina Maria Haby alleged stole more than $400,000 from Akrapovic America, LLC, a wholesale muffler and exhaust system distributor, in a multi-year scheme, according to the indictment.

Prosecutors claim Haby, who was born in 1971, secretly transferred funds to her personal bank accounts, spent the money on herself and falsified internal company records by underreporting incoming revenues.

Records inside the Ronald Reagan Federal Courthouse in Santa Ana don’t indicate how Haby will plead to the charges or her potential prison sentence if eventually convicted.

Hearings are expected to begin in coming weeks.

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