HOUSTON - Cynthia Angulo, 55, has been ordered to prison following her conviction of theft from a labor union, announced U.S. Attorney Kenneth Magidson. Angulo pleaded guilty Aug. 27, 2015.
Today, U.S. District Judge Lee H. Rosenthal, who accepted the guilty plea, handed Angulo a 10-month sentence. She was further ordered to pay a $61,272.79 restitution. Angulo will also be required to serve a term of three years of supervised release following completion of the prison term. Also, as a result of the conviction, she will be prohibited from holding any union position of leadership for a period of 13 years.
Angulo served as the president of the Currency and Securities Handlers Association (CASHA) from August 2010 until December 2014.
Angulo admitted she embezzled $61,206.29 from CASHA from Nov. 1, 2010, through Dec. 12, 2014. She accomplished this theft by claiming false union expenses for herself, using the union debit card to make cash withdrawals to pay for personal expenses and withdrawing cash for her personal use from the union’s checking account. The theft of this money was done without the knowledge or approval of the executive board, or membership, of CASHA.
Angulo was permitted to remain on bond and voluntarily surrender to a U.S. Bureau of Prisons facility to be determined in the near future.
The charges were the result of an investigation conducted by the Department of Labor - Office of Labor-Management Standards. Assistant U.S. Attorney Glenn Cook is prosecuting the case.