Michael Cruz Sentenced to One Year in Jail Plus Repayment
FT. LAUDERDALE, FL – Former Pride South Florida treasurer Michael Cruz, 49, plead guilty to one count of second-degree grand theft for embezzling over $46,000 from the organization that produces the annual PrideFest in Oakland Park.
Cruz pled guilty in front of Broward Circuit Judge Andrew Siegel last Friday afternoon.
Seigel sentenced Cruz to one year in jail plus ten years’ probation; Cruz was also ordered to repay the stolen money after his release in installments. Cruz was facing up to 15 years in prison.
Two board members of Pride South Florida, Vice President Marc Hanson and Secretary/Treasurer Joel Slotnick, urged Seigel to show leniency on Cruz and not send him to jail, but prosecutor Jared Gass asked Siegel to impose some jail time.
“For both Joel Slotnick and I, it has been very difficult,” said Hanson. “We have both been friends with Mike for a many years; it makes it very difficult for us to speak against him. We believe there still is a good man inside that body. He went in a bad direction and got addicted to gambling and that hurt him and us.”
Cruz was treasurer of PSF and joined the board in 2003 until his removal by the Board in 2009. In May, 2009, a banking official of the organization’s financial institution in Sunrise where PSF had their account contacted two then-Board members, indicating that there were “suspicious” transactions involving the PSF bank account and Cruz. City of Sunrise authorities were contacted and, when the PSF Board was satisfied that there might have been misconduct on Cruz’s behalf, he was removed from the Board and his signature removed from the bank account.
However, since Cruz’s activities were conducted in Fort Lauderdale, the case was turned over to Fort Lauderdale Police Department Economic Crimes Unit for jurisdictional reasons. When Board members went to confront Cruz about the suspicious activities, it was discovered he was in Broward General Hospital for what was theorized as attempted suicide.
A warrant for Cruz’s arrest was issued in July 2010. Cruz had originally plead not guilty to the charges.
Since Cruz’s arrest, PSF has put new oversight on their finances. “The lack of the $40,000 has made it difficult for us these last two years,” said Hanson. “It’s not cheap to put on these events; it put a lot of stress and strain on the organization on top of a stressful economy. This is why a number of things had to change from the way it was being done.”
“We are ecstatic with the change of plea – that he made the decision to admit to his guilt and that we wouldn’t have to continue fighting,” said Hanson. “We had all the evidence and witnesses in place, but this brought everything to a nice end. We are glad to be passed it and we are looking forward to our next year.