Kimberly Ann Miletta, former president of Beverly Hills-based Phoenix Books, was found guilty of three counts of wire fraud by the Central District of California. The court found that Miletta defrauded the owners of Phoenix Books, embezzling at least $1.3 million from the company and the owner’s personal bank account. Between October 2013 and January 2018, Miletta used the company credit card, which she controlled exclusively, on personal expenses, including spa treatments, clothing, veterinary bills, designer handbags, and more. She then paid the credit card out of the owner’s personal account. Miletta also made fraudulent wire transfers of almost $1 […]
