Shipping & Freight #embezzlement#fraud
Former Austin Freight Systems Controller Pleads Guilty in $3.2M Embezzlement Scheme
Mitchell David Slentz, former controller of Austin Freight Systems, pleaded guilty to wire fraud and money laundering after allegedly embezzling over $3.2 million between October 2023 and March 2025. The funds were funneled into personal accounts, with portions used for student loans and online gambling. The company says it remains financially sound and has strengthened internal controls.
Jul 6, 2026 1 source