RANDY ECONOMY: MY WORLD: Diane Schumacher: Former Financial Services Employee Charged in Million-Dollar Theft Case

Thursday, April 12, 2012

Diane Schumacher: Former Financial Services Employee Charged in Million-Dollar Theft Case

LOS ANGELES – A former account manager at a Los Angeles financial services firm accused of stealing more than $4.6 million from 16 victims over an almost six-year span is expected to be arraigned today, the District Attorney’s Office announced. Daniel Baker, assistant head deputy of the Major Fraud Division, said Diane Schumacher, 58 (dob 9/14/53), of Beverly Hills, is due to be arraigned in Department 30 of the Foltz Criminal Justice Center. Schumacher, who is charged with 17 counts of grand theft of personal property in case No. BA395850, surrendered to authorities this morning on a criminal complaint filed for arrest warrant on April 5. The complaint includes excessive-taking allegations because the theft exceeds $4 million. The alleged offenses took place between November 2003 and August 2009 while Schumacher was employed by Keepers Financial Corporation, a company that provides bookkeeping and bill payment services. The alleged theft was discovered through an audit of accounts managed by the defendant, according to the charging document. Schumacher’s alleged theft ranged from about $22,000 to more than $690,000 from individual clients. The defendant purportedly used client funds to pay her creditors and also to conceal her crimes by replenishing looted accounts with money from the accounts of other clients, the prosecutor said. Schumacher, who was employed by Keepers for 12 years, was terminated in late 2009. The defendant’s bail is recommended at $4.654 million. If convicted as charged, Schumacher faces a maximum state prison term of 22 years, eight months. The Los Angeles Police Department is investigating the case. Deputy District Attorney Melissa Decker Cheslock is assigned to the case.

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Meet Randy Economy

You may know me from my role as the Senior Advisor and Official Media Spokesman for the Recall Gavin Newsom campaign that established a worldwide blitz of interviews. I conducted more than 2,200 media interviews on behalf of “The People’s Recall” during a 10-month period from November 2020 to September 2021. The iconic magazine Mother Jones in a dramatic feature article called me “A ‘Superhero Pirate’ Radio Host, (and) Gavin Newsom’s Strangest—and Most Dangerous—Threat. Meet Randy Economy, the man behind the effort to recall California’s governor.” I appeared on more than 330 media outlets around the world in my capacity with RecallGavin2020. Fox News, CNN, MSNBC, Newsmax, NBC Nightly News, ABC News, as well as the Wall Street Journal, Washington Post, Politico, and dozens of other media outlets aired featured reports on my work on behalf of “The People’s Recall.” I am and will always consider myself to be a journalist. Sometimes I think I bleed ink. My talents as an Investigative Journalists in California earned me FIVE top awards from the prestigious Los Angeles Press Club in 2013, 2014, and 2016. I am tenacious. My reporting over the years has led to the prosecution of several elected officials in California. While working for a tiny community newspaper in Southeast Los Angeles County, I worked doggedly to expose the biggest public corruption case in Los Angeles County history when I unearthed a massive pay to play scheme inside the Assessor’s Office that led to the arrest of then Assessor John R. Noguez and four others. However, politics has been in my DNA since I was a child. I have worked on more than 300 political campaigns as a consultant and advisor since 1982 for candidates from all sides of the political spectrum including Democrats and Republicans, and even Libertarians. I am also a small business owner, serving as the President and CEO of Hot Water Studio & Production, LLC. My company works with media outlets across the state, nation, and world exposing public corruption via several new media platforms. I have also overcome personal challenges. I am legally blind with zero vision in my right eye and only 40 percent vision remaining in my left eye. I sometimes wear an eyepatch due to my failed vision. (Hence the nickname of “America’s Political Pirate.”

Thursday, April 12, 2012

Diane Schumacher: Former Financial Services Employee Charged in Million-Dollar Theft Case

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