Spring Lake’s previous finance director was arrested Friday by federal authorities and billed with embezzlement, financial institution fraud and aggravated identification theft.
Gay Cameron Tucker, 63, of Fayetteville, is accused of embezzling much more than $500,000 from Spring Lake during her tenure as finance director and accounting technician for the city, according to a statement introduced by the U.S. Legal professional for the Japanese District of North Carolina. An indictment also accuses her of carrying out the embezzlement by means of fraudulent checks containing forged signatures of the mayor and town manager, the statement stated.
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U.S. Lawyer Michael Easley said in the statement that metropolis authorities officials are entrusted to shell out taxpayer cash on general public requires — not their individual.
“Our prosecutors and law enforcement companions are committed to vigorously investigating all allegations of public corruption,” he stated.
Tucker is charged with 1 depend of embezzlement from a neighborhood govt getting federal money, four counts of financial institution fraud, and two counts of aggravated id theft.
A 56-webpage investigation report that was launched by Condition Auditor Beth Wooden in March observed that the town’s former accounting technician, who also served as Spring Lake’s finance director for additional than a 12 months, applied at the very least $430,112 of the town’s funds for private use. The report did not title the technician, but explained in the footnotes that she served as the town’s finance director from March 2020 to April 2021 and as interim finance director from March 2020 to September 2020.
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Minutes of the town Board of Aldermen’s conferences exhibit that Tucker served as finance director in February 2021 and was appointed interim finance director in March 2020.
The report advised that the Spring Lake Board of Aldermen contemplate having legal motion against the previous accounting technician. It accused the technician of composing 72 checks for her particular use.
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The technician wrote 32 checks for a overall of a lot more than $16,000 that have been payable to Bragg Mutual Federal Credit history Union and deposited into her individual lender account there, in accordance to the report.
The report said 27 checks totaling much more than $151,000 ended up produced out as payable to the technician, with 24 deposited into her private account and just one deposited into her husband’s account at the credit history union. 13 checks for a total of more than $113,000 had been built payable to Heritage Place Senior Living and utilised to pay out monthly resident expenses of the technician’s spouse, the report stated.
The FBI is investigating the scenario, in accordance to the statement. Assistant U.S. Attorney William M. Gilmore is the prosecutor.
Local information editor Steve DeVane can be achieved at [email protected]
This article originally appeared on The Fayetteville Observer: Previous Spring Lake finance supervisor arrested, charged with embezzlement