A former executive at the AFTRA Retirement Fund and a business vendor have been arrested and charged with two counts of conspiracy to commit wire fraud in connection with allegedly stealing $3.4 million from the fund
Enrico Rubano, who worked as the co-head of information technology for the AFTRA Retirement Fund, and vendor Shivanand Maharaj, were arrested on Friday. The fund provides retirement benefits and is a separate legal entity from the SAG-AFTRA union.
The U.S. Dept. of Justice alleged that Rubano and Maharaj allegedly used companies they owned or controlled to submit invoices to the AFTRA Retirement Fund for information technology services that they did not perform. The scam resulted in Rubano and Maharaj taking about $3.4 million from the scheme from 2009 to 2015.