Monday, February 24, 2014

Former County Treasurer In Virginia Awaits Sentencing For Embezzling $124K

From the News & Advance on 2/24/14:

Amherst County is attempting to recoup financial losses accrued from the past embezzlement of county money from the treasurer’s office.

In August, Assistant County Administrator David Proffitt filed a claim to the Virginia Department of the Treasury’s Division of Risk Management for the amount of $124,151.73 to recover losses the county incurred during the tenure of former treasurer Evelyn Martin.

Martin awaits sentencing in April after pleading guilty in January to embezzlement and money laundering of more than $32,000. The conclusion of the court case will mark the point at which the county could receive reimbursement, if officials can prove the financial losses.  An investigation concluded that Martin, who was elected to the treasurer’s post in 2009 after serving in the office as deputy treasurer, conducted more than $32,000 in transactions that were unaccounted for during two periods of time that ended in 2011. According to a 2012 turnover audit released after current treasurer Garry Friend assumed office, more than $60,000 in unreconciled, and at times, unidentified funds existed in the office as of Dec. 31, 2011.


Read the whole story here.

No comments: