A former chief financial officer based in Angola, Indiana, along with his assistant, is facing serious allegations of misappropriating corporate funds for personal expenditures. Michael Campo, aged 58 from Mokena, Illinois, stands accused of felony money laundering, corrupt business influence, and multiple counts of theft. Kalyn Bruce, 34, from New Haven, shares similar charges alongside Campo. The investigation commenced after a report of substantial financial irregularities within EnTrust Capital Management surfaced last year. According to court records, the company's director of finance and accounting flagged potential thefts amounting to nearly $200,000. Thomas Blake Sr., the company owner, emphasized that none of these alleged purchases were authorized, highlighting a significant breach of trust by individuals entrusted with overseeing millions in corporate assets.

Law enforcement uncovered that Campo allegedly utilized company resources for various personal indulgences. Among these were extravagant expenses such as a boat purchase costing over $10,000, travel arrangements exceeding $5,000, an international flight for his spouse valued at $1,382.60, and jewelry acquisitions totaling around $1,120.70. A former colleague described Campo as not only a thief but also a con artist and scammer, accusing him of deceitful practices during his tenure.

Bruce, on the other hand, reportedly engaged in unauthorized transactions exceeding $50,000. Her expenditures included payments to a car dealership, orthodontic services for her child, and educational contributions. An ex-assistant corroborated these claims, stating that both Campo and Bruce exhibited secretive behavior concerning their misuse of corporate finances. This individual further alleged that Bruce employed company funds for a cruise vacation, dental care for her offspring, and even euthanizing her pet.

As legal proceedings progress, Campo is scheduled for trial early next year. Meanwhile, Bruce's initial hearing was recently canceled, leaving her future court dates uncertain. The unfolding saga underscores the importance of vigilance in corporate oversight and accountability.

This case highlights the critical need for stringent financial controls and ethical standards within organizations. The allegations against Campo and Bruce serve as a stark reminder of the potential consequences when trust is violated and fiduciary responsibilities are neglected. As the judicial process continues, it remains to be seen how these events will impact perceptions of corporate governance and employee integrity in the region.