MURRIETA – The manager of a Murrieta pizza restaurant suspected of taking out several unauthorized loans was arrested on suspicion of embezzling $1.3 million from the business, a police lieutenant said today.
Robert Glenn Stiles, 61, of Murrieta, was arrested Thursday at his Second Street home and later booked on four counts of forgery and five counts of grand theft.
Stiles remained behind bars today in lieu of $1.4 million bail, according to online jail records.
Stiles’ arrest caps an almost two-year investigation Murrieta police began when officers learned in June 2011 of an allegation linking Stiles to an embezzlement at Bob’s Pizza Company on Kalmia Street.
Search warrants were served during the probe at the business and personal bank accounts were reviewed, Murrieta police Lt. Tony Conrad said.
An audit conducted by Murrieta police Detective Jeff Ullrich and a certified public accountant revealed that Stiles allegedly misappropriated a large amount of money in the form of cash and checks in addition to taking out the loans without authorization, Conrad said.
Stiles was an operations manager and minority investor in the pizza restaurant that opened in 2007. Prosecutors at the Riverside County District Attorney’s Office agreed April 2 to file embezzlement charges against Stiles and an arrest warrant was issued three days later, spokesman John Hall said.