The CotoBuzz Journal, Community Journalism

CotoBuzz Journal

Community Journalism, Newsletters and Blogs Covering South Orange County, CA

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TCJ February 2007 Issue

We do not make jokes, we simply watch the LA Times, the Orange County Register and the Coto de Caza Board of directors and report the facts!

OC Non-Profit Executive Charged With Fraud

February 1, 2007

SANTA ANA - T.L. Salcido, 37, a Yorba Linda woman faces felony charges for stealing more than $780,000 from Orangewood Children's Foundation as its Chief Financial Officer. Salcido is charged with 206 counts of forgery and 20 counts of falsifying records. If convicted, she faces a maximum sentence of 143 years in prison. She is being held on $750,000 bail and is scheduled to be arraigned Monday, February 5, 2007 at the Central Justice Center in Santa Ana.

Salcido is accused of forging checks and then hiding the stolen money by underreporting revenue and overstating Orangewood's expenses. She is accused of depositing forged checks into the account of another company that she was also employed
by, United Retailer/United Convenience Stores, and then accessing that account to withdraw the money and use it for personal gain.