Now to clarify, Quenton’s fraud is a civil matter, and hence would have to be prosecuted in a civil court. No jail time would be faced here. It was dismissed by a judge that was talked to by Elder Oaks, just before Quenton was made an apostle.
The dismissal was under an expiration of statute of limitations which was unprecedented before this time.
One need not think of him counterfeiting bills in a dark basement, it’s not that kind of fraud. It’s more the “he should have known better as an accountant”, that had it been larger, would qualify as a “Smartest guys in the Room”/Enron kind of scandal.