Financial Crime World

Aruba Police Arrest Second Suspect in CAPA Embezzlement Scandal

Husband of Key Accused Fugitive Arrested

In a significant breakthrough, Aruban authorities have arrested Dave Panneflek, the husband of Joanne Jacopucci, who was previously arrested and fired from her job after an investigation uncovered lavish expenses and suspicious financial transactions. Panneflek is suspected of being an accessory to the main embezzlement case.

Arrest Details

According to sources, Panneflek was attempting to board a flight to the Netherlands when he was flagged by the Radex system and taken into custody. He is currently being held at the police station in Wayaca and will likely spend the holidays behind bars.

Investigation Continues

The investigation into the CAPA embezzlement case continues, with authorities seeking to uncover the full extent of the financial irregularities and identify any additional individuals who may have been complicit in the scandal. The arrests come as a blow to those affected by the alleged embezzlement, including SEPPA members who had placed their trust in CAPA to manage their funds responsibly.

Key Facts

  • Panneflek is suspected of being an accessory to the main embezzlement case
  • He was arrested while attempting to board a flight to the Netherlands
  • Jacopucci remains incarcerated at the KIA facility, where she will likely spend several weeks before a trial can begin
  • The extent of Panneflek’s involvement in the embezzlement scheme has not yet been made public
  • Authorities are seeking to uncover the full extent of financial irregularities and identify additional individuals who may have been complicit in the scandal

Background on the Case

The Confederation of Autonomous Public Entities (CAPA) held funds on behalf of the Service Employees and Public Workers Association (SEPPA). An investigation uncovered lavish expenses and suspicious financial transactions, leading to the arrest of Jacopucci. Panneflek was also involved in the scheme, enjoying an expensive and luxurious vacation abroad with funds allegedly stolen from CAPA/SEPPA members.