Angola, IN (WTVB)– A second arrest has been made in connection to the theft of hundreds of thousands of dollars from an Angola business.
34 year old Kalyn Bruce, of New Haven, Indiana, was arrested in connection with a major financial misconduct case involving corrupt business influence, money laundering, and theft. Bruce, the former assistant to Michael Campo, the ex-Chief Financial Officer of EnTrust Capital Management, is the second person charged in this high-profile investigation.
According to court records, Bruce faces felony charges of corrupt business influence, money laundering, and four counts of theft. These charges stem from allegations that she and Campo misappropriated over $200,000 in company funds from EnTrust Capital Management, a financial services firm previously headquartered in downtown Angola. The misused funds were reportedly spent on personal expenses, including braces, a boat, and a cruise.
The Angola Police Department, arrested Bruce on warrant issued in Steuben Superior Court.
While Campo was arraigned on April 28, on 14 criminal charges, including Level 5 felony money laundering and corrupt business influence, Bruce’s initial hearing scheduled for Tuesday was canceled, with no future court dates listed.
Police say the investigation is ongoing, and additional charges or arrests may follow.
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