2022 Financial Investigations Highlights

For the year ended December 31, 2022, we issued 3 financial investigations that led to prosecuting agencies obtaining 25 criminal charges against 5 individuals for losses totaling $983,490. These charges related to theft, misuse of public monies, fraudulent schemes, forgery, conflict of interest, and computer tampering. Seven individuals charged as a result of these or previous financial investigations pleaded guilty in 2022 to theft, misuse of public monies, fraudulent schemes, forgery, conflict of interest, and falsifying an Arizona State Retirement System record. These individuals stipulated to or were sentenced for up to a combined total of 4 years of incarceration, 8 years of probation, 200 hours of community service, and $508,446 in restitution, fines, and costs. Further, 3 individuals previously charged as a result of our financial investigations entered settlement agreements with the State of Arizona, agreeing to pay a combined total of $13,800 in civil penalties.