SAN DIEGO—A former San Diego Regional Economic Development Corporation (EDC) executive who prosecutors say stole more than $400,000 from the nonprofit pleaded guilty April 25 to a federal wire fraud charge.
Katherine Lu Acquista, 47, of Escondido, who previously served as the EDC’s director of operations and accounting, used her access to the EDC’s bank accounts, credit cards, checkbook, and payroll system to siphon money from the organization, according to the U.S. Attorney’s Office.
