Two employees of the Los Angeles Department of Water and Power department have been charged by authorities of using the utilitity’s employee credit cards for bogus purchases between 2003 and 2009 in the amount of over $3 million. Felony charges were filed Thursday against the men for conflict of interest, misappropriation of public funds and conspiracy.
Anthony Carone, 45, a plumbing supervisor and Akbar Fonooni, 55, a fire protection engineer, were involved in the fraudulent arrangement. The men set up “dummy” corporations through which they would purchase goods and equipment at inflated prices, and then pocket the difference. Another man, Troy Mitchell Holt, a friend of Carone was also charged as being a middleman for at least $1.4 million in purchases.
Corone was arrested at his home in La Verne and taken into custody. Fonooni has since left the country and is believed to be in Tehran.