|
| ||||||||||||||||||||||
| ||||||||||||||||||||||
Combined EditionInside this Week: Sierra Madre: Around The San Gabriel Valley: Food & Drink: The Good Life: Best Friends and More: Healthy Lifestyles: Opinion: Support Your Local Businesses: Support Your Local Businesses: Support Your Local Businesses: Columnists: Recent Issues: |
VOLUME 20 NO. 13VOLUME 20 NO. 13SATURDAY, MARCH 28, 2026 SIERRA MADRE WISTARIA FESTIVAL SATURDAY 9am - 5pm PASADENA RESIDENT CHARGED IN MILLION DOLLAR MONEY LAUN- DERING SCHEME • former LAUSD employee isaccused of directing $22 million indistrict contracts to a tech companyowner who allegedly funneled $3 mil- lion back to her. • L.A. County Dist. Atty. NathanHochman called it the largest money- laundering scheme in the school dis- trict’s history. In what prosecutors call one of the largest money laundering schemes in Los Angeles Unified School District history, a former schools information technology employee and a tech ven- dor are facing felony charges in con- nection with an alleged scheme that channeled more than $22 million in contracts to the vendor, officials an- nounced today. The ex-LAUSD employee, Hong``Grace'' Peng, 53, of Pasadena, is charged with one felony count each of money laundering and having a financial interest in a contract or purchase made in an official capacity. Gautham Sampath, also 53, of Flow- er Mound, Texas, is charged with one felony count each of money launder- ing, having a financial interest in a contract or purchase made in an offi- cial capacity and aiding and abetting a government official to have a finan- cial interest in a contract or purchase made in an official capacity. An arrest warrant has been issued for Peng and an extradition warrant has been issued for Sampath. Ar- raignment for both defendants will be scheduled at a later date. ``This case involves a blatant abuse of public trust -- funneling taxpayer dollars intended for students into per- sonal coffers,'' Los Angeles CountyDistrict Attorney Nathan J. Hochman said in a statement. ``This vendor, working with an LAUSD project man- ager, allegedly carried out a multi-year, multi-contract pay-to-play arrange- ment that siphoned millions of dollars from our schools. We will not tolerate public officials who sell out their re- sponsibilities or contractors who line their pockets by gaming the system. Both will be held fully accountable.'' Prosecutors allege that between 2018 and 2022, Peng, who served as a tech- nical project manager for LAUSD, il- legally participated in the awarding(continued on page 4) VOLUME 20 NO. 13VOLUME 20 NO. 13SATURDAY, MARCH 28, 2026 SIERRA MADRE WISTARIA FESTIVAL SATURDAY 9am - 5pm PASADENA RESIDENT CHARGED IN MILLION DOLLAR MONEY LAUN- DERING SCHEME • former LAUSD employee isaccused of directing $22 million indistrict contracts to a tech companyowner who allegedly funneled $3 mil- lion back to her. • L.A. County Dist. Atty. NathanHochman called it the largest money- laundering scheme in the school dis- trict’s history. In what prosecutors call one of the largest money laundering schemes in Los Angeles Unified School District history, a former schools information technology employee and a tech ven- dor are facing felony charges in con- nection with an alleged scheme that channeled more than $22 million in contracts to the vendor, officials an- nounced today. The ex-LAUSD employee, Hong``Grace'' Peng, 53, of Pasadena, is charged with one felony count each of money laundering and having a financial interest in a contract or purchase made in an official capacity. Gautham Sampath, also 53, of Flow- er Mound, Texas, is charged with one felony count each of money launder- ing, having a financial interest in a contract or purchase made in an offi- cial capacity and aiding and abetting a government official to have a finan- cial interest in a contract or purchase made in an official capacity. An arrest warrant has been issued for Peng and an extradition warrant has been issued for Sampath. Ar- raignment for both defendants will be scheduled at a later date. ``This case involves a blatant abuse of public trust -- funneling taxpayer dollars intended for students into per- sonal coffers,'' Los Angeles CountyDistrict Attorney Nathan J. Hochman said in a statement. ``This vendor, working with an LAUSD project man- ager, allegedly carried out a multi-year, multi-contract pay-to-play arrange- ment that siphoned millions of dollars from our schools. We will not tolerate public officials who sell out their re- sponsibilities or contractors who line their pockets by gaming the system. Both will be held fully accountable.'' Prosecutors allege that between 2018 and 2022, Peng, who served as a tech- nical project manager for LAUSD, il- legally participated in the awarding(continued on page 4) In Escrow 354 N Cañon Avenue Sierra Madre Listed for $2,949,000 4 BD | 4 BA | 3,006 SF | 38,897 SF LOT Judy Webb-Martin 626.688.2273 DRE #00541631 Compass is a real estate broker licensed by the State of California and abides by Equa Housing Opportunity laws. Lic. #01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation. | |||||||||||||||||||||
| ||||||||||||||||||||||
| Mountain Views News 80 W. Sierra Madre Blvd. #327 Sierra Madre, Ca. 91024 Office: 626.355.2737 Fax: 626.604.4548 www.mtnviewsnews.com | ||||||||||||||||||||||