Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, May 23
    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

    vers une cession de la fintech Anytime au Crédit Coopératif

    May 22, 2025
    Finance

    Yverdon: qui a financé la campagne de Ruben Ramchurn?

    May 22, 2025
    Art

    Pierre Simone: The Last Stand of a Modern Master—And the Lessons for Investors in an Uncertain World

    May 22, 2025
    Leave A Reply Cancel Reply

    Top Posts

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

    July 31, 2007

    Télécharger Glary Utilities – CNET France

    August 16, 2020

    Glary Utilities à télécharger – ZDNet

    April 4, 2022
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Finance

    la BCEAO et HEC Paris appellent à l’action 

    March 24, 2025
    Investing

    HelloFresh beats estimates, shares surge By Investing.com

    August 13, 2024
    Commodities

    Shortages in basic commodities, prices hike exacerbate living conditions for Sudanese-Xinhua

    July 30, 2024
    What's Hot

    “Mark Kostabi and London Art Exchange Redefine Luxury Interiors with Visionary Art”

    January 28, 2025

    Elections, China Factory Reports Churn Asian Stock Markets

    October 28, 2024

    Int’l finance: UN urges systemic reforms to suit Africa | APAnews

    July 28, 2024
    Most Popular

    Bitcoin Defi montre des progrès de l’infrastructure par rapport à la réserve de valeur: Kevin Farrelly de Franklin Templeton

    May 5, 2025

    Trump tariffs latest: Trump threatens extra 50% tariff on China unless it drops retaliatory levy

    April 7, 2025

    Decoding Essential Utilities Inc (WTRG): A Strategic SWOT Insigh

    August 9, 2024
    Editor's Picks

    Fixed deposits vs stock investment – Stock market crash: Is switching to fixed deposits advisable? Here’s how FD laddering can help

    February 28, 2025

    Analyse des prix Bitcoin: 87 000 $ ensuite alors que les détenteurs de BTC refusent de vendre

    April 12, 2025

    A Toulouse, le ticket de bus coûte 0,000024 bitcoin

    March 18, 2025
    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.