Eugene Nichols, 44, former deputy director of the Bedford County, Tennessee Emergency Management Agency, was indicted last week on 44 counts of theft and 26 counts of forgery involving the agency. According to the indictment, Nichols diverted at least $117,000 over a period between July 1, 2003 and July 30, 2007, for his own purposes. According to investigators, Nichols used the money to repay a personal loan.FraudTalk is a blog focused on the review and discussion of recent significant cases of fraud, corruption and employee misconduct - particularly major embezzlement cases in the US. Fraud Talk is published by Chris Marquet, Chairman & CEO of Marquet International Ltd., an international investigations, litigation support and due diligence firm.
Tuesday, November 25, 2008
Former Deputy Director Of Tennessee Emergency Management Agency Indicted For Embezzlement
Eugene Nichols, 44, former deputy director of the Bedford County, Tennessee Emergency Management Agency, was indicted last week on 44 counts of theft and 26 counts of forgery involving the agency. According to the indictment, Nichols diverted at least $117,000 over a period between July 1, 2003 and July 30, 2007, for his own purposes. According to investigators, Nichols used the money to repay a personal loan.
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