Town’s ex-financial director pleads guilty to 0K embezzlement

Town’s ex-financial director pleads guilty to $500K embezzlement

SPRING LAKE, NC (AP) — The former financial director of a North Carolina city pleaded guilty Wednesday to embezzling more than $500,000 from the city, federal prosecutors announced.

The office of U.S. Attorney Michael Easley has announced that Fayetteville Gay Cameron Tucker, 64, who served as the financial director for Spring Lake, pleaded guilty to embezzlement from a local government that received federal funds and aggravated identity theft, The Fayetteville Observer reported. .. She could face up to 12 years in prison if convicted. A date was not immediately available.

Tucker wrote checks from the city’s bank accounts for her personal use, and forged the signatures of other city officials, including the mayor and city manager, officials said. Tucker’s attorney could not be reached for comment.

State treasurer Dale Folwell said his office is trying to make Tucker lose years of government service, which would reduce her pension.

Tucker had control over the city’s bank accounts and hid its transactions by keeping them out of the city’s financial books, state auditor Beth Wood said. The city didn’t conduct routine checks, but when someone noticed something wasn’t right, Wood’s auditors stepped in, she said.

Spring Lake’s finances are now closely monitored by the North Carolina Local Government Commission.

Back1 of 2

Leave a Comment

Your email address will not be published.