D.C. CEO Graham Hauck Sentenced for $2.5M Embezzlement Scheme

WASHINGTON – Former D.C. CEO Graham S. Hauck, 51, of Bethesda, Maryland, was sentenced to 66 months in prison for stealing $2.5 million from eight clients, announced U.S. Attorney Matthew M. Graves and FBI Special Agent in Charge David J. Scott of the Washington Field Office Criminal and Cyber Division.

Hauck pleaded guilty to wire fraud in May 2023 for embezzling hundreds of thousands of dollars from one former client. However, after his guilty plea, additional clients contacted the government to report that Hauck had stolen from them too. Hauck even stole money from one of those clients after his May 2023 guilty plea, which resulted in the court revoking his bond. Hauck has been housed at the Alexandria, Virginia, detention center since September 2023.

Hauck misappropriated approximately $2.5 million from the clients over five years. One of his victims was a nonprofit charity working to improve the lives of cancer patients. In September 2023, he pleaded guilty to bank fraud to reflect the additional criminal conduct.

U.S. District Court Judge Rudolph Contreras ordered Hauck to serve three years of supervised release and pay full restitution. Hauck served as president and CEO of Hauck & Associates, Inc., a trade association management firm based in Washington, D.C.

The victim organizations retained H&A to serve as their management company. Hauck used his access to their financial accounts to embezzle the money. Some of the ways he camouflaged his criminal conduct included falsifying balance sheets and using a foreign exchange and international payment services company to conceal fraudulent transactions.

This case was investigated by the FBI’s Washington Field Office. It was prosecuted by Assistant U.S. Attorney Kondi Kleinman with assistance from former Financial Analyst Bryan Snitselaar, and Paralegal Specialists Sona Chaturvedi, Michon Tart, Marsha Cannon, and Supervisory Paralegal Specialist Catherine Chae.