LOS ANGELES
A former account manager at a prestigious Beverly Hills business management and tax firm has been charged in federal court with allegedly embezzling more than $2 million from a celebrity client over a nearly four-year span, officials announced Wednesday.
Federal prosecutors announced that Frank Musoke, 38, formerly of Woodland Hills, faces five counts of wire fraud and three counts of tax evasion in an eight-count indictment tied to the alleged theft scheme.
Authorities believe Musoke fled to Uganda, where he reportedly holds dual U.S. and Ugandan citizenship.
According to the indictment, Musoke worked as an account manager for a Beverly Hills-based business management firm that catered primarily to high-net-worth celebrities in the entertainment industry. Prosecutors allege Musoke had broad authority over clients’ finances, including access to banking information, debit cards, and financial accounts.
The victim, identified only as “Individual A,” is described in court documents as a well-known television host and producer who had been a client of the firm for nearly two decades.
Quick Facts
- Defendant: Frank Musoke, 38
- Charges: Five counts of wire fraud, three counts of tax evasion
- Alleged loss: More than $2 million
- Time period: December 2019 through June 2023
- Victim: Celebrity television host and producer
- Status: Authorities believe Musoke fled to Uganda
- Investigating agencies: FBI and IRS Criminal Investigation
Prosecutors allege Musoke secretly used the victim’s debit cards and PIN numbers to fund a lavish personal lifestyle without authorization.
The indictment alleges Musoke withdrew approximately $1.73 million from ATMs linked to the victim’s business accounts. He also allegedly spent about $165,270 on Amazon purchases, more than $191,000 on personal travel, and another $160,000 on various personal expenses.
In total, prosecutors say Musoke embezzled more than $2 million from the celebrity client.
The Beverly Hills firm terminated Musoke in July 2023 after discovering the alleged fraud, according to court records.
Federal authorities also allege Musoke filed false federal income tax returns between 2021 and 2023 by failing to report approximately $1.76 million in illegally obtained income.
If convicted, Musoke faces up to 20 years in federal prison for each wire fraud count and up to five years for each tax evasion count.
An indictment contains allegations only. Musoke is presumed innocent unless proven guilty in court.