A former tech exec was charged with embezzling $2.7 million from his employer. Aubrey Jackson Shelton II was accused of using the company's payroll software to "inflate his paychecks." A federal jury charged Shelton II with tax evasion, bank fraud, and wire fraud. AdvertisementAdvertisementA former tech executive has been charged with embezzling around $2.7 million from his employer after an indictment alleged that he inflated his paychecks and hid proceeds from the IRS for more than eight years. Another California tech executive was sentenced to 11 years in prison after being convicted of four counts of defrauding investors last year.

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Persons: Aubrey Jackson Shelton, Shelton, Aubrey Jackson Shelton II, Elizabeth Holmes Organizations: US, Office, Northern District of, San Locations: Northern District, Northern District of California, San Francisco, San Francisco federal, California