Friday, January 31, 2014

Michigan Man Pleads Guilty To Embezzling As Much As $120K From Illiinois School System

From WSIL TV Channel 3 on 1/30/14:

A former Williamson County school official has admitted to stealing. Thursday morning, Todd Frazier pled guilty to embezzlement and theft. 
Frazier, 31, was fired from his job as Carterville school district treasurer two years ago after funds turned up missing. 
He was indicted on more than a dozen charges last May, but Thursday, he only admitted to one. Frazier and the judge agreed, he abused his position of trust when handling the Carterville School District's money.
Frazier walked out of the federal courthouse in Benton with a smile on his face. When asked if he would like to say anything on camera, he replied, "No comment, thank you."
School leaders fired Frazier in February 2012 after an audit revealed missing funds. He was indicted on 16 counts and first pled not guilty to embezzlement, theft, forgery, wire fraud, lying to the FBI, and attempting to access computer files at the Bank of Herrin.
Thursday morning, he pled guilty to one count of embezzlement and theft. "It was just a guilty plea. He pleaded guilty straight up," said his attorney John Stobbs.
Frazier admitted to pocketing between $70,000 and $120,000 in the fiscal year ending in June of 2010.   
Read the whole story here

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