Business & Tech
Rolling Hills Estate Accountant's License Suspended
Chih-Pin Cheng reportedly copied client information just before leaving one job and took it to another.
The California Board of Accountancy has suspended the license of Rolling Hills Estates accountant Chih-Pin Cheng for 90 days.
It was alleged that on or about Jan. 6, 2012, Cheng committed embezzlement and theft when, just before her last day of employment with an accountancy firm, Cheng used four flash drives to copy client lists, client data and other proprietary information, which she took to the new accountancy firm, according to a state website.
State officials were going to revoke her license altogether but reached a settlement, according to the board.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
In addition, Cheng has agreed to reimburse the CBA $7,567.68 for its investigation and prosecution costs. She must also complete four hours of continuing education in ethics. These course hours shall be in addition to continuing education requirements for relicensing, according to the CBA.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
We’ve removed the ability to reply as we work to make improvements. Learn more here
