Embezzlement auction yields money for SLO County victim

A San Luis Obispo County embezzlement victim will get $115,540 back after an auction of the ill-gotten goods.

The District Attorney's Office for San Luis Obispo County has finished an auction of items that were taken as evidence during a criminal investigation into embezzlement. 

“Embezzlement crimes are significant at several levels,” said District Attorney Dan Dow. “In addition to the financial devastation that large-scale thefts can wreak on a business, is the very personal impact realized when a long-term employee in a position of confidence violates that trust. The $115,540 in auction proceeds is a significant step to offset the substantial financial loss inflicted by Ms. Wilde.”

DA to auction off luxury items seized as evidence during a criminal investigation

The District Attorney's Office in San Luis Obispo County has hired SLOCAL Estate Auctions, Inc. of Morro Bay to auction jewels, watches, sports memorabilia, designer shoes, purses, artwork, and other things confiscated as evidence during an embezzlement investigation.

To ease any concerns about the auction goods' origins, the District Attorney's Office said they "were acquired by a criminal defendant using cash embezzled from her employment."