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JONESBORO, Ark. (AP) - A former county clerk in northeastern Arkansas faces federal charges for allegedly embezzling more than $1.4 million of government money for personal use.
A federal grand jury indicted Jacob Kade Holliday, 32, on Tuesday on 11 counts of wire fraud, U.S. Attorney Cody Hiland and FBI Special Agent Diane Upchurch announced in a Wednesday press release.
As the Craighead County Clerk, Holliday was official bookkeeper for the county and was responsible for overseeing payroll tax obligations and employment retirement contributions. The indictment alleges that Holliday transferred money from the county clerk’s bank account to his accounts from Jan. 29 to June 24. If convicted, he faces up to 20 years in prison and a fine of up to $250,000.
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“We take all allegations of undermining public trust very seriously,” Hiland said in the press release. “In this case and in all potential cases, any reports of public corruption will be thoroughly investigated by our office with the help of our law enforcement partners.”
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