Former Hollywood Exec Pleads in $22M Embezzlement - NBC Chicago
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Former Hollywood Exec Pleads in $22M Embezzlement

Dennis Blieden pleaded guilty Friday to wire fraud and aggravated identity theft

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    Former Hollywood Exec Pleads in $22M Embezzlement
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    A former executive at a Hollywood digital marketing company has pleaded guilty to federal charges for embezzling $22 million from his employer.

    Prosecutors say Dennis Blieden of Cincinnati used the money for personal expenses, including $150,000 buy-ins to enter two professional poker tournaments.

    Blieden pleaded guilty Friday to wire fraud and aggravated identity theft.

    Blieden was a vice president of accounting and finance for StyleHaul, which relocated this year to London. It represents "influencers" on YouTube and Instagram.

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    Prosecutors say Blieden controlled the firm's finances and transferred money to his personal bank accounts, using it to pay off credit cards and invest in crypto-currency for online gambling.

    He recorded the transactions as payments to StyleHaul clients. He also forged an executive's signature.

    Blieden could face two decades in federal prison.

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