(ANGOLA) – An Illinois man has been arrested on several charges that happened in Northern Indiana.

The Angola Police Department says 58 year old Michael A. Campo of Mokena, Illinois was arrested and arraigned Monday morning on 14 criminal charges, including money laundering, corrupt business influence and theft.

Campo, is the former Chief Financial Officer of EnTrust Capital Management. According to court records, it’s alleged that Campo misappropriated over $200,000 from the company which had its headquarters in downtown Angola.

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.

Court records also show that Campo had mismanaged the funds of a previous client and had to provide restitution.

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. If Campo is found guilty on all of the felony charges, he could face up to 27 years in prison.