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May 20, 2025

Former LA County pension officer accused of fraud scheme

LACERA sues former cybersecurity officer Carmelo Marquez for allegedly defrauding $123,000 by secretly funneling contracts to his covertly owned firm, SafeSec, using an alias, breaching public trust.

Former LA County pension officer accused of fraud scheme
Ashley K. Dunning

A former interim cybersecurity officer at one of California's largest public pension systems is accused of orchestrating a shadowy self-dealing scheme that defrauded the agency of more than $123,000.

In a lawsuit filed Monday, the Los Angeles County Employees Retirement Association, or LACERA, claims Carmelo Marquez secretly funneled contracts to a company he covertly owned while posing under an alias - violations that LACERA's legal team says strike at the heart of publi...

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