Former Trade Association CFO Sentenced for Embezzling More Than $928K

The former chief financial officer of a maritime shipping trade association has been sentenced in federal court in San Francisco to four years and nine months in prison for convictions related to his embezzlement of more than $928,000.

Robert Bradley Strahan, 51, of San Francisco, the former CFO of the Marine Exchange of the San Francisco Bay Region, was sentenced Monday by U.S. District Judge Thelton Henderson.

Strahan pleaded guilty before Henderson in November to two counts of wire fraud, one count of mail fraud and one count of tax evasion, and admitted he embezzled more than $928,000 from his employer.

The Marine Exchange is a nonprofit group that collects and analyzes maritime shipping traffic data. It was identified as Strahan’s employer in prosecution and defense filings and in public documents.

Strahan worked for the association from December 2007 through April 28, 2014, first as a contractor and then as chief financial officer.

Prosecutors said in a sentencing brief that Strahan’s embezzlement included $551,511 in checks he cashed from the exchange’s bank account; $257,638 worth of personal goods bought with the organization’s credit cards; and $118,986 in unwarranted payments to a friend whom he hired.

Henderson ordered him to pay a total of $1,105,481 in restitution, including $928,000 in repayment to the Marine Exchange and more than $175,000 in taxes due.

Strahan has been in custody since his arrest on May 30, 2014, according to U.S. Attorney Melinda Haag.

Julia Cheever, Bay City News

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