Spring Lake’s previous finance director was arrested Friday by federal authorities and billed with embezzlement, lender fraud and aggravated identity theft.
Gay Cameron Tucker, 63, of Fayetteville, is accused of embezzling extra than $500,000 from Spring Lake all through her tenure as finance director and accounting technician for the town, in accordance to a assertion launched by the U.S. Lawyer for the Japanese District of North Carolina. An indictment also accuses her of carrying out the embezzlement through fraudulent checks containing forged signatures of the mayor and city manager, the assertion mentioned.
Cost TO Residents: How substantially has Spring Lake’s fiscal mishandling expense its citizens?
U.S. Lawyer Michael Easley explained in the statement that city federal government officers are entrusted to devote taxpayer money on general public wants — not their have.
“Our prosecutors and legislation enforcement associates are dedicated to vigorously investigating all allegations of public corruption,” he explained.
Tucker is charged with a person rely of embezzlement from a nearby government obtaining federal resources, 4 counts of financial institution fraud, and two counts of aggravated identity theft.
A 56-web site investigation report that was released by Point out Auditor Beth Wooden in March found that the town’s previous accounting technician, who also served as Spring Lake’s finance director for extra than a yr, employed at minimum $430,112 of the town’s funds for personal use. The report did not name the technician, but claimed 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 clearly show that Tucker served as finance director in February 2021 and was appointed interim finance director in March 2020.
The report suggested that the Spring Lake Board of Aldermen take into consideration taking authorized motion towards the former accounting technician. It accused the technician of crafting 72 checks for her personal use.
The technician wrote 32 checks for a total of extra than $16,000 that were payable to Bragg Mutual Federal Credit score Union and deposited into her individual lender account there, in accordance to the report.
The report explained 27 checks totaling additional than $151,000 were created out as payable to the technician, with 24 deposited into her particular account and a person deposited into her husband’s account at the credit history union. 13 checks for a overall of additional than $113,000 ended up produced payable to Heritage Place Senior Residing and utilised to shell out regular resident payments of the technician’s husband, the report reported.
The FBI is investigating the situation, in accordance to the assertion. Assistant U.S. Legal professional William M. Gilmore is the prosecutor.
Regional information editor Steve DeVane can be arrived at at [email protected]
This post at first appeared on The Fayetteville Observer: Previous Spring Lake finance supervisor arrested, billed with embezzlement