Former Gulfstream Employee Charged With Embezzling | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-07.21.25

Airborne-Unlimited-07.22.25

AirborneUnlimited-07.23.25

Airborne-Unlimited-07.24.25

AirborneUnlimited-07.25.25

Mon, Nov 17, 2014

Former Gulfstream Employee Charged With Embezzling

Attempted To Make Off With Over Eight Million Dollars From The Company

A former finance director for Gulfstream's Long Beach, CA and Las Vegas, NV operations has been charged with attempting to steal $8.5 million from the company.

Marvin Caukin of Calabasas, CA was being held without bail after appearing in federal court on charges of identity theft, money laundering, and mail fraud.

The Associated Press reports that the 66-year-old Caukin set up false companies with names that sounded like aerospace firms with the help of family members and friends. Those companies billed Gulfstream for services that were never provided. He used the money to finance a lavish lifestyle.

Caukin had spent nearly three years in federal prison on an embezzling charges ... having taken $2.4 million from USA Petroleum. He was fired by Gulfstream after it was discovered that he had lied on his application, stating that he had not been convicted of a felony in seven years.

Caukin will appear again in federal court on November 17 for a bail hearing. He has not yet entered a plea.

FMI: www.fbi.gov

Advertisement

More News

Airborne 07.21.25: Nighthawk!, Hartzell Expands, Deltahawk 350HP!

Also: New Lakeland Fly-in!, Gleim's DPE, MOSAIC! Nearly three-quarters of a century in the making, EAA is excited about the future… especially with the potential of a MOSAIC>[...]

ANN's Daily Aero-Term (07.27.25): Estimated (EST)

Estimated (EST) -When used in NOTAMs “EST” is a contraction that is used by the issuing authority only when the condition is expected to return to service prior to the >[...]

ANN's Daily Aero-Linx (07.27.25)

Aero Linx: Regional Airline Association (RAA) Regional airlines provide critical links connecting communities throughout North America to the national and international air transpo>[...]

NTSB Final Report: Luce Buttercup

The Airplane Broke Up In Flight And Descended To The Ground. The Debris Path Extended For About 1,435 Ft. Analysis: The pilot, who was the owner and builder of the experimental, am>[...]

Classic Aero-TV: 'That's All Brother'-Restoring a True Piece of Military History

From 2015 (YouTube version): History Comes Alive Thanks to A Magnificent CAF Effort The story of the Douglas C-47 named, “That’s all Brother,” is fascinating from>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC