Spring Lake’s previous finance director was arrested Friday by federal authorities and billed with embezzlement, financial institution fraud and aggravated id theft.
Gay Cameron Tucker, 63, of Fayetteville, is accused of embezzling extra than $500,000 from Spring Lake for the duration of her tenure as finance director and accounting technician for the town, in accordance to a assertion introduced by the U.S. Attorney for the Jap District of North Carolina. An indictment also accuses her of carrying out the embezzlement via fraudulent checks containing forged signatures of the mayor and town manager, the assertion claimed.
Price tag TO Citizens: How substantially has Spring Lake’s monetary mishandling price tag its people?
U.S. Legal professional Michael Easley mentioned in the assertion that metropolis government officers are entrusted to shell out taxpayer money on community demands — not their personal.
“Our prosecutors and law enforcement partners are fully commited to vigorously investigating all allegations of public corruption,” he explained.
Tucker is charged with a single depend of embezzlement from a regional govt getting federal money, four counts of lender fraud, and two counts of aggravated identity theft.
A 56-webpage investigation report that was launched by Condition Auditor Beth Wood in March located that the town’s former accounting technician, who also served as Spring Lake’s finance director for more than a calendar year, used at minimum $430,112 of the town’s money for particular use. The report did not name the technician, but stated 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 city Board of Aldermen’s conferences show that Tucker served as finance director in February 2021 and was appointed interim finance director in March 2020.
The report advisable that the Spring Lake Board of Aldermen think about using legal motion against the previous accounting technician. It accused the technician of composing 72 checks for her personalized use.
The technician wrote 32 checks for a complete of much more than $16,000 that were payable to Bragg Mutual Federal Credit history Union and deposited into her particular lender account there, in accordance to the report.
The report said 27 checks totaling more than $151,000 had been manufactured out as payable to the technician, with 24 deposited into her personalized account and one deposited into her husband’s account at the credit score union. 13 checks for a overall of more than $113,000 were designed payable to Heritage Position Senior Dwelling and used to pay out regular resident bills of the technician’s partner, the report mentioned.
The FBI is investigating the scenario, in accordance to the assertion. Assistant U.S. Legal professional William M. Gilmore is the prosecutor.
Nearby news editor Steve DeVane can be attained at [email protected]
This article at first appeared on The Fayetteville Observer: Former Spring Lake finance supervisor arrested, charged with embezzlement