A former executive of a Southern California company who was living in the United States illegally was arrested May 22 on suspicion of wire fraud after prosecutors claimed he embezzled about $7 million from his employer.
Alexander G. Ramos, 62, who lived in Newport Beach, Calif., faces 20 years in federal prison if found guilty, according to the U.S. Attorney’s Office in Los Angeles.
A federal magistrate judge ordered Ramos to be jailed without bond and scheduled his arraignment for June 30.
Ramos, a Mexican national, worked for a company in Newport Beach that specialized in the purchase of classic cars. He was removed from the United States in 2017 but returned, according to the U.S. Attorney’s Office….