(ANGOLA) – Authorities say a second person has been arrested on multiple charges from an investigation of stolen money from an Angola business.
Steuben County court records say that 34 year old Kalyn Bruce of New Haven has been arrested in connection with an investigation into a financial misconduct case at EnTrust Capital Management, which previously had its headquarters in Angola.
Bruce is charged with corrupt business influence, money laundering and four counts of theft. It’s alleged that Bruce and her former boss, 58 year old Michael Campo, the ex-Chief Financial Officer of EnTrust misappropriated over $200,000 from the company. .
Bruce allegedly used $50,000 in company funds to purchase a car dealership, made payment to a higher education service and a local orthodontics clinic.
Court records say that Campo is alleged to have spent thousands of dollars of company funds for personal use, which included a trip to Italy for his wife, buying a boat, jewelry along with a golf cart and golf club memberships.
Bail was set at $30,000 and Campo was able to post a $3,000 bond and was released. He is scheduled to have a trial on January 8, 2026.
Bruce’s initial hearing was canceled and no future court dates have been scheduled.
Angola Police say the investigation is continuing and additional charges or arrests may occur.
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