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Treasurer Pleads Not Guilty to Yacht Fund Embezzlement

Treasurer Pleads Not Guilty to Yacht Fund Embezzlement

Washington DC News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 31, 20261m 40s

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Show Notes

James Appel, a Maryland treasurer, pleads not guilty to embezzling $200,000, allegedly funneling it to his yacht loan. He faces wire fraud and money laundering charges, causing a stir in Annapolis politics. Appel opened a fake account, transferred funds, and lied about assets. Hes free on bail but faces strict rules and potential 20-year sentences if convicted.

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