Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, September 21
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Finance»Former Homewood finance director agrees to plead guilty to theft of nearly $1 million from city
    Finance

    Former Homewood finance director agrees to plead guilty to theft of nearly $1 million from city

    August 16, 20242 Mins Read


    The former finance director for the City of Homewood has been charged with, and agreed to plead guilty to, the embezzlement of nearly $1 million from the city’s coffers.

    Robert Winston Burgett, who was arrested on state charges earlier this year, is charged with three federal counts of wire fraud, according to a Friday announcement from Northern District of Alabama U.S. Attorney Prim Escalona and FBI Special Agent in Charge Carlton Peeples.

    The 64-year-old Hueytown man worked for the City of Homewood as its finance director until his retirement in March.

    According to federal documents, Burgett used his position to embezzle about $950,000 between May 2023 and March 2024.

    Burgett concealed his conduct by first moving the city’s funds into a commercial bank account he controlled before transferring the funds into his personal account.

    He also altered city bank account statements and made false journal entries in city accounting records.

    Burgett ultimately used the embezzled funds for personal purposes.

    “Mr. Burgett has from day one accepted responsibility for his actions and has expressed extreme remorse and contrition for his actions,’’ said his attorney, Tommy Spina. “He blames no one but himself.”

    “He gave up his right to have his case presented to a grand jury and signed a written plea agreement without wasting judicial resources to move the process forward expeditiously,’’ Spina said. “Today’s public filing was simply the formalization of his admission of guilt.”

    Homewood Mayor Patrick McClusky released a statment thanking investigators and their swift work. He said the city will continue to cooperate with them fully.

    A court date has not yet been set.

    The FBI and the Homewood Police Department investigated the case with assistance from the Alabama Department of Examiners of Public Accounts. Assistant U.S. Attorney J.B. Ward is prosecuting the case.

    Burgett was initially arrest by Homewood police on April 9 on a charge of aggravated theft by deception. That charge is still pending.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleDormant Bitcoin wallet from 2014 moves BTC worth $10.2m
    Next Article Stocks secure best week of the year, reversing early August sell-off

    Related Posts

    Finance

    SDK.finance Announces Expanded Platform Focus to Power Native Financial Products for Retailers, Marketplaces, and Telecoms

    September 18, 2026
    Finance

    Finance’s Golden Ratio: Rethinking Unit Economics For AI-Powered CFOs

    September 15, 2026
    Finance

    Car finance compensation: What is the latest update with payouts for millions of drivers?

    September 12, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Stock Market

    Global Stocks Hold Steady with Fed Decision and Oracle Results Driving Sentiment

    December 10, 2025
    Bitcoin

    Bitcoin bat un nouveau record

    May 21, 2025
    Bitcoin

    Bitcoin Miners Turn to Renewables As Hash Price Hovers Near Record Lows

    December 12, 2025
    What's Hot

    European stocks climb on oil, tech relief By Investing.com

    June 25, 2026

    Gold prices hover close to record highs amid easing recession fears By Investing.com

    August 16, 2024

    Bitcoin Next Stop May Be $85K: Here’s Why

    May 4, 2026
    Most Popular

    Bitcoin Climbs Past $115K as US Bank Reserves Fall Below $3T

    October 27, 2025

    AstraZeneca stock dips as HSBC downgrades stock on ’tough path ahead’ By Investing.com

    July 13, 2026

    «Il est inacceptable que l’Union européenne finance des ONG qui promeuvent un islam politique opposé à nos valeurs» – Libération

    June 30, 2025
    Editor's Picks

    Stock Market Today: Dow futures up 300 points after retail sales data

    August 15, 2024

    Bitcoin Price Reclaims $60,000 As Strategy (MSTR) And Strive (ASST) Jump More Than 10%

    July 1, 2026

    Stock market today: Asian stocks track Wall Street gains ahead of central bank meetings

    July 29, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.