Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, June 6
    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

    Finance, Agriculture ministries clash over GH¢1.6bn funding claims

    June 5, 2026
    Finance

    Participation finance share in Türkiye rises to around 9%: CBRT chief

    June 5, 2026
    Finance

    Behavioral Finance | Psychology Today

    June 5, 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
    Bitcoin

    Bitcoin Depot Introduces ID for All Transactions

    February 24, 2026
    Bitcoin

    Bitcoin Price Watch: Cup et manche des signaux de motif.

    June 7, 2025
    Bitcoin

    Iren Ltd- QTRLY Bitcoin Mining Revenue $113.5 Million -Le 12 février 2025 à 23:47

    February 12, 2025
    What's Hot

    Bitcoin to $1 Million? Coinbase CEO Sees US Reserve as Game Changer

    August 21, 2025

    Stock market holiday today: NSE, BSE closed for Ambedkar Jayanti 2026 gazetted holiday

    April 13, 2026

    Strategy Challenges MSCI Over Bitcoin Treasury Exclusion Plan

    December 10, 2025
    Most Popular

    Stock market today shows drop in Nasdaq, S&P 500

    May 15, 2026

    Les ETF Bitcoin enregistrent un flux record de 11 898 BTC, surpassant la tendance de 2025

    April 24, 2025

    PROPERTY MARKET UPDATE: By country and region

    March 10, 2026
    Editor's Picks

    Manappuram Finance shares gain after clarification on Bain Capital deal reports

    January 11, 2026

    What This Means For Crypto Investors

    September 24, 2025

    Cook County to issue automatic refunds for overpaid property taxes – NBC Chicago

    July 24, 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.