A man accused of embezzling more than $1 million from three Sacramento-area charitable organizations has been arrested on suspicion of grand theft.
Kevin Marcus Manz, 59, was arrested Thursday by California Department of Justice law enforcement agents and booked into Sacramento County jail, with bail set at $750,000.
According to the criminal complaint filed in Sacramento Superior Court, Manz illegally directed funds from Cathedral Pioneer Church Homes Inc., Cathedral Pioneer Church Homes Foundation and the Pioneer Foundation to personal bank and business accounts, and used the funds for personal expenses such as jewelry and cars.
Manz is a licensed attorney in Kansas who gained the trust of charity boards and church congregations in the Sacramento area, according to a news release from the California attorney general’s office. He allegedly persuaded multiple charitable organizations, including foundations that provide housing for seniors, to allow him to manage their financial accounts. According to the criminal complaint, he embezzled more than $1 million from the three charitable organizations.
According to Sacramento County jail inmate information available online, Manz’s first court appearance is scheduled Monday.
His arrest followed a five-month investigation by the Department of Justice’s Bureau of Investigation and the Tax Recovery and Criminal Enforcement Task Force. The case will be prosecuted by the Attorney General’s Fraud and Special Prosecutions Section.