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An esteemed CEO from Minneapolis finds himself embroiled in scandal, accused of embezzling significant funds to indulge in a lavish Hawaiian getaway, featuring an oceanfront accommodation.
Jonathan Weinhagen, 42, rose through the ranks swiftly, transitioning from his family’s auto repair business to a top executive position at the St. Paul Area Chamber of Commerce, ultimately becoming president of the Minneapolis Regional Chamber of Commerce.
The father of four, who is married, is now reportedly on the verge of admitting guilt, facing accusations of misappropriating more than $200,000 from the Minneapolis Regional Chamber of Commerce, according to the Star Tribune.
Weinhagen faces multiple charges, including fraud through a fictitious company, creating a false obituary, and misappropriating a $30,000 chamber donation intended for a Crime Stoppers reward fund.
The once-thriving executive, who earned approximately $275,000 in 2023, suddenly stepped down as CEO in June 2024, as reported by the Tribune.
About six weeks later, the chamber revealed his departure coincided with an internal financial probe that uncovered a $500,000 deficit, leading to staff cuts.
Since his departure and while the investigation into his conduct has been ongoing, his wife posted smiling pictures of the pair on Facebook, jet-setting to Copenhagen, New York and other vacation hotspots.
Jonathan Weinhagen and his wife, is expected to enter a guilty plea on Monday, after he was accused of embezzling over $200,000 from the Minneapolis Regional Chamber of Commerce
The pair jet-setting in first class on their way to Copenhagen in August this year
The investigation also revealed that almost $300,000 of the chamber money had vanished during the CEO’s tenure.
Weinhagen’s alleged fraudulent scheme spanned from 2019 until his resignation in June 2024.
Prosecutors allege that more than $200,000 was stolen under a fake company called Synergy Partners, that the CEO created using the name ‘James Sullivan.’
Weinhagen allegedly claimed Synergy Partners had dissolved after Sullivan’s death, posting a fake obituary on Legacy.com in 2024.
Federal charges claim the self-made CEO used a Minneapolis chamber credit card for personal splurges, including a lavish Hawaii trip for him and his family.
The CEO also attempted to fraudulently receive a loan for nearly $55,000 from SoFi bank, federal charges allege.
Prosecutors allege the chamber’s $30,000 reward for tips on solving three shootings to Crime Stoppers went unclaimed, and Weinhagen allegedly had it refunded to his home address.
Weinhagen and his wife dressed up for Oktoberfest, he made about who made about $275,000 in 2023
Weinhagen’s home in Minneapolis, Minnesota
Minneapolis CEO was accused of embezzling over six figures to fund a first-class trip to Hawaii. Luxurious oceanfront hotel (file)
Weinhagen sipping on a martini, his alleged fraudulent scheme spanned from 2019 until his resignation in 2024
This stacked list has left his coworkers dumbfounded, as they respected Weinhagen’s self-starter hustle and have worked with him for years.
‘When I first heard about it, it was like ‘Good god, what?” co-worker Scott Burns told the Tribune.
‘He was a good candidate to get the job in Minneapolis,’ former St. Paul chamber’s board chair John Regal told the Tribune.
Weinhagen’s work style has been described as ‘energetic’ and ‘gregarious’ but also ‘polarizing.’
Weinhagen’s home is worth a half-million-dollars, with four beds, two-and-a-half bathrooms, complete with a three car garage and a total of 3,259 sq ft.
The Daily Mail has approached Weinhagen’s attorney for comment.