Friday, February 28, 2014

Virginia Man Charged With Embezzling More Than $100K From Trust Set Up To Help Child With Rare Blood Disease

From WTVR 6 on 2/27/14:

A trustee for a fund set up to cover the medical bills of a child with a rare blood disorder has been arrested on embezzlement charges.

Floyd W. Abernathy III, who is also known as Tray Abernathy, is accused of tapping into the Friends of Baylor fund.

Abernathy was arrested on Feb. 20 and charged with five counts of felony embezzlement, according to court documents. Each of the five embezzlement charges took place Jan. 1 between the years of 2008 and 2012, his online case file indicated.

Sources told CBS 6 News senior reporter Wayne Covil that more than $100,000 is missing from the fund, which was supposed to be used to pay ongoing medical expenses for a 10-year-old with a rare blood disorder that leads to bone marrow failure.

Read the story here.

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