William David “Billy” Ramsbottom Jr., 44, of Macon, Georgia, has been indicted on new charged for allegedly embezzling nearly $476,000 from an unnamed local business where he had been employed. Specifically, Ramsbottom was charged in two separate indictments on a total of 47 counts of fiduciary theft, two counts of forgery and one count of theft by taking, according to court records. Ramsbotom was indicted last February on charges of racketeering alleging he embezzled $421,000. The current indictments, which supersede the February indictment, involve allegations that Ramsbottom, as managing partner in real estate management firms, Retreat Village Management Co. LLC and Retreat Village Property Co. LLC, diverted rent money and other funds into his own accounts for personal use between 2007 and 2008.Read FraudTalk's original post on this story here.
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