San Francisco Man Faces Federal Charges For Embezzling More Than $1.2 Million From His Employers

San Francisco Man Faces Federal Charges For Embezzling More Than $1.2 Million From His Employers

A San Francisco man has been indicted by a federal grand jury on charges of bank fraud and related offenses for allegedly embezzling over $1.2 million from two local law firms where he worked.

U.S. Attorney Ismail J. Ramsey for the Northern District of California and FBI San Francisco Division Special Agent-in-Charge Robert K. Tripp announced the indictment.

According to the indictment unsealed today, Tony Archuleta-Perkins, 48, founded a nonprofit organization called “Murrieta Valley High School 1994” (MVHS 1994) in 2013.

From 2017 to 2023, Archuleta-Perkins held various positions at two San Francisco law firms, eventually becoming Chief Financial Officer (CFO). In this role, he had access to the law firms’ payment systems.

The indictment alleges that between May 2018 and December 2023, Archuleta-Perkins abused his position of trust to orchestrate fraudulent payments from the law firms to MVHS 1994. These payments were neither authorized nor for legitimate business purposes.

Once the funds reached MVHS 1994’s bank account, Archuleta-Perkins allegedly redirected some of the money for personal use. This included making payments to personal vendors and accounts, writing checks to himself from MVHS 1994’s account, and depositing these checks into his personal bank account.

In one instance detailed in the indictment, Archuleta-Perkins purportedly endorsed a U.S. Treasury check intended for one of the law firms, deposited it into MVHS 1994’s account, and subsequently wrote himself a check for the same amount.

The indictment further accuses Archuleta-Perkins of using the embezzled funds for personal expenses, including payments on Best Buy and Home Depot credit cards, and for purchasing, renovating, and improving at least three properties in California.

Archuleta-Perkins faces eight counts of bank fraud and five counts of money laundering. If convicted, he could be sentenced to a maximum of 30 years in prison for each bank fraud count and up to 10 years for each money laundering count. However, an indictment only alleges charges, and all defendants are presumed innocent until proven guilty.

Special Agents of the FBI arrested Archuleta-Perkins in San Francisco this morning. He appeared in federal court and was released on a $500,000 bond pending trial. His next court appearance is scheduled for July 31, 2024, before United States District Judge Jacqueline Scott Corley.

Assistant U.S. Attorney Nikhil Bhagat is prosecuting the case with assistance from Madeline Wachs. Deputy Assistant Attorney General Lisa H. Miller from the Justice Department’s Criminal Division provided valuable assistance. The FBI conducted the investigation leading to the indictment.

Location: San Francisco, CA, USA

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