Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, July 1
    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 pleads guilty to embezzling nearly $950,000
    Finance

    Former Homewood finance director pleads guilty to embezzling nearly $950,000

    August 17, 20243 Mins Read


    The former finance director for the City of Homewoodpleaded guilty to embezzling nearly $950,000.

    United States Attorney Prim Escalona and FBI Special Agent in Charge Carlton Peeples said Friday 64-year-oldRobert Winston Burgett was charged with three counts of wire fraud.

    SEE ALSO:Calhoun County jail accounts clerk arrested after allegedly stealing more than $40,000

    SEE ALSO:Jefferson County man indicted for securities fraud involving biotech startup

    According to the information and plea agreement, Burgett worked for the city between at least May 2023 and about March 2024.

    During that time Burgett admitted to using that position to embezzle the money from the city’s bank accounts.

    Authorities said 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.

    Authorities said Burgett also altered city bank account statements and made false journal entries in city accounting records. Authorities said Burgett ultimately used the embezzled funds for personal purposes.

    The court will set a date for Burgett to enter his guilty plea.

    The FBI and the Homewood Police Department investigated the case with assistance from the Alabama Department of Examiners of Public Accounts.

    Last October, the ABC 33/40 News I-Team exposed questionable credit card spending by the city. Burgett at the time defended the city’s practices. Our report got the attention of state auditors who took a closer look at Homewood’s financial records. That led to the discovery of the embezzlement.

    Homewood MayorPatrick McClusky provided the following statement after Burgett’s plea agreement.

    The City of Homewood was made aware this afternoon that the FBI’s investigation into former finance director, Robert Burgett has resulted in Mr. Burgett pleading guilty to all of the charges against him. The City appreciates the work of the FBI, the US Attorney’s office, the Jefferson County District Attorney’s office, and the Homewood Police Department in investigating this incident swiftly and thoroughly since it was reported to them by the City of Homewood. The City will continue to work with each of those entities through any further investigation.

    Burgett’s attorney Tommy Spina also provided a statement.

    Mr. Burgett has from day one accepted responsibility for his actions and has expressed extreme remorse and contrition for his actions. 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. Today’s public filing was simply the formalization of his admission of guilt.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleBloomberg seeks a Nordic finance reporter in Stockholm
    Next Article What’s Happening? Is This Bitcoin (BTC) Resistance Unbreakable? Ethereum (ETH) On Verge of Fundamental Crisis?

    Related Posts

    Finance

    Sargasses en Martinique : l’État finance 25 postes pour faire face à une crise sans précédent

    July 1, 2025
    Finance

    le petit Mozart du rugby devenu prince de la finance

    June 30, 2025
    Finance

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

    June 30, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Action Ganglong China Property Group Limited | Cours 6968 Bourse Hong Kong S.E.

    July 31, 2007

    les fondamentaux de l’or restent bons

    September 4, 2007

    les fondamentaux de l’or restent bons

    September 4, 2007
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Property

    UK HOUSE PRICE UPDATE: By country and region

    April 25, 2025
    Commodities

    Matières premières : Mais pourquoi l’OPEP+ tire les prix vers le bas ?

    May 5, 2025
    Utilities

    Who pays for the AI boom? Utilities discuss smarter rate design, interconnection approaches

    June 2, 2025
    What's Hot

    EPA Probes Biodiesel Supply Chains as Fraud Concerns Mount – BNN Bloomberg

    August 7, 2024

    Cocoa Falls Most in Two Weeks on Improved West Africa Weather – BNN Bloomberg

    July 15, 2024

    Le Bitcoin atteint un nouveau record et dépasse son sommet de janvier

    May 21, 2025
    Most Popular

    Sittason retires from Hartselle Utilities

    October 14, 2024

    Dunkirk council talks finances | News, Sports, Jobs

    August 7, 2024

    Dow drops 950 points, S&P 500, Nasdaq tumble as Trump bashes Fed’s Powell again

    April 21, 2025
    Editor's Picks

    Shanghai’s luxury property market thrives while downturn persists in mass housing segment

    March 30, 2025

    Brazil’s T&D Utilities Tackle Telecom Requirements

    March 11, 2025

    Stocks ‘Climb Wall of Worry’ Before Jackson Hole: Markets Wrap

    August 19, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

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