Feds: ATM Company Boss Used his Firm's Machines as His Piggy Bank

A San Antonio businessman who runs a company that services and operates ATM machines is under arrest, charged with stealing $145,000 from his company's own machines, News Radio 1200 WOAI reports.

Federal prosecutors say Joseph Vasquez, 54, a principal at San Antonio Cash Network, is charged with four counts of embezzlement, and faces up to thirty years on each count.

The indictment says Vasquez illegally scooped cash out of four of his company's ATM machines in October and November of 2016.

Prosecutors will also ask Vasquez to repay more than a million dollars, which they say 'represents the value of the proceeds obtained from the defendant's overall scheme.

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