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EMBEZZLEMENT SENTENCE 04-19-11 17:50 a.v.

Phoenix woman was sentenced yesterday to spend 3-years in prison for embezzling nearly 4-million dollars from 24 cities including Santa Cruz and San Francisco. Belinda Exon, the president of Huntington Beach-based Rehab Financial Services,  pleaded guilty to taking over 1-million dollars of grant money and other funds in escrow from San Francisco and 34,000 dollars from Santa Cruz. Exon admitted to embezzling the money from a federally funded project that was administered by the Santa Cruz Redevelopment Agency. Her prison term begins in June.

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