Wednesday, January 28, 2015

Former State Senator In Mississippi Indicted For Allegedly Embezzling $484K From Credit Union

From WAPT Ch. 16 on 1/26/2015:

Former State Sen. Tommy Robertson, of Moss Point, has been indicted on five counts of embezzlement.

The former chairman of the Senate Finance Committee is accused of embezzling $484,092 of loan proceeds from Singing River Federal Credit Union.

State Auditor Stacy Pickering said Robertson was holding the loan proceeds in trust for the purpose of distributing the funds in accordance with the applicable loan statements.

Pickering said Robertson, 59, surrendered himself to the Jackson County Sheriff's Office Monday and was released on $50,000 bond.

Pickering said the embezzlement is alleged to have occurred in April of 2013 while Robertson was board attorney for the credit union.


Read the whole story here.

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