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.