Orange County District Attorney Press Release
For Immediate Release, Case # 12CF3155: July 17, 2013
SANTA ANA – A car business owner and operator was convicted and sentenced today for embezzling $200,000 from the sale proceeds of rare and vintage vehicles sold on consignment. John Calicchio, 63, Costa Mesa, pleaded guilty to 14 counts of embezzlement by fiduciary of trust, two counts of diversion of funds, and four counts of money laundering with a sentencing enhancement for property loss over $200,000. Under the State sentencing law (AB 109), the court split the defendant’s sentence. Calicchio was sentenced to 16 months in jail, two years of mandatory supervision, and ordered to pay $177,000 restitution. Continue reading