Prison sentence handed down. (Source: Shutterstock) Executive Gets Seven Years for Pocketing Millions of CU's Naming Rights Money
Defense attorney argues for a lighter sentence, arguing his client intended to repay the stolen funds after profiting from property investments.
June 26, 2019 at 08:00 AM
3 minute read
The original version of this story was published on Law.com
A U.S. District Court judge in Sacramento, Calif. sentenced former sports executive Jeffrey R. David to seven years in prison Monday for stealing millions in corporate sponsorship funds, including $9 million from the $12.7 billion Golden 1 Credit Union, to pay for beachfront properties, a private jet membership and credit card bills.
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