Arrest of Property Manager for Embezzlement of Client Funds

Ventura County Sheriff – Incident Press Release

In mid-March of 2021, an agricultural corporation identified as the Winchester Water Well group contacted deputies from the Moorpark Sheriff’s Station and reported that they were the victims of

embezzlement by their property manager. The Winchester Water Well group was comprised of five ranch owners whose property was located in the unincorporated area just outside the city of Moorpark. Deputies obtained the basic facts, completed a theft report, and the case was forwarded to the Moorpark Investigations Bureau.

Over the next several weeks, investigators learned that the ranch owners hired a property management firm that specialized in agricultural land management, identified as Progressive Land Management to manage and service an irrigation water well for the ranchers. The ranch owners initially contracted with Progressive Land Management in mid-2014. Investigators determined that over the course of several years, the owner of Progressive Land Management, identified as Michael Mobley of Oxnard, stole tens of thousands of dollars from the ranch owners and falsified bank documents in order to conceal the thefts.

On the morning of May 20th, detectives from the Moorpark Station contacted Mobley as he was leaving his home in Oxnard and arrested him for the thefts. Detectives then returned to Mobley’s home and served a search warrant and seized additional evidence related to the thefts. Simultaneously, detectives from the Thousand Oaks Special Enforcement Unit, working in conjunction with Moorpark Detectives, served a search warrant at the offices of Progressive Land Management in the city of Santa Paula, where additional evidence was located and seized.

To date, Detectives determined that Mobley embezzled in excess of $40,000.00 from the Winchester Well Water Group. However, the investigation is ongoing and there are potentially other clients who were victimized, who have yet to be identified or come forward. Mobley was booked at the Ventura County Main Jail on the charge of 487(a) PC / Grand Theft with bail set at $10,000.00.

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