Current:Home > ContactAtlanta’s former chief financial officer gets 3 years in federal corruption probe -FinTechWorld
Atlanta’s former chief financial officer gets 3 years in federal corruption probe
NovaQuant Quantitative Think Tank Center View
Date:2025-04-09 00:14:17
ATLANTA (AP) — A former top official during Atlanta Mayor Kasim Reed’s administration was sentenced Tuesday to three years in prison under a federal corruption probe that ensnared nearly a dozen people on bribery or other related charges.
U.S. District Judge Steve C. Jones also ordered Jimmie “Jim” A. Beard, 60, of Fort Lauderdale, Florida, to serve three years of supervised release following his prison term and pay restitution of $177,197 plus a $10,000 fine.
Prosecutors said Beard charged luxury trips to a city credit card, double-dipped on travel reimbursements, cheated on his taxes and used the auspices of the city police department to buy a pair of custom-built machine guns otherwise unavailable to civilians.
Jones said the city had entrusted Beard, who was Atlanta’s chief financial officer from 2011 to 2018, to safeguard its funds and ensure that taxpayer money benefitted taxpayers, The Atlanta Journal-Constitution reported.
By treating himself instead, the judge said, he’d sowed distrust in government.
“You were a steward,” Jones told Beard before adding: “There’s a trust factor that goes with holding these jobs.”
Beard pleaded guilty in April to diverting government funds and lying to the IRS. As part of a plea deal, six other counts, including possession of a machine gun, were dropped.
Before the sentence was handed down, Beard described his actions as “stupid” and short-sighted,” The Atlanta Journal-Constitution reported.
“I stand before you today a broken man,” Beard said, adding that he was not sure how he’d rebuild himself.
Beard could have faced a prison term of up to 13 years, but federal sentencing guidelines recommended a sentence of up to three years and five months, according to the government’s pre-sentencing investigation.
“Jim Beard abused the trust and confidence placed in him by the people of the City of Atlanta when he decided to steal tens of thousands of dollars from taxpayers to support his lavish lifestyle,” U.S. Attorney Ryan K. Buchanan said in a statement. “Beard’s sentencing is a demonstration of our commitment to hold accountable public officials who trade their position of power for greed and personal gain.”
At least five defendants in the corruption probe received prison terms longer than Beard’s, including former human services director Mitzi Bickers, watershed commissioner Jo Ann Macrina and contractors Jeff Jafari and Elvin R. Mitchell Jr.
veryGood! (34181)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Horoscopes Today, April 1, 2024
- Bidens host 2024 Easter egg roll at White House
- Mosques in NYC struggle to house and feed an influx of Muslim migrants this Ramadan
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Jennifer Garner mourns death of father William John Garner in emotional tribute
- Clark leads Iowa back to the Final Four. Undefeated South Carolina will be there, too
- Tori Spelling tells Dean McDermott she filed for divorce during podcast: 'Hate to do this to you'
- South Korean president's party divided over defiant martial law speech
- Stock market today: Asia markets are mixed after Wall Street’s strong manufacturing data
Ranking
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Uvalde mayor abruptly resigns, citing health concerns, ahead of City Council meeting
- LGBTQ-inclusive church in Cuba welcomes all in a country that once sent gay people to labor camps
- Gwyneth Paltrow Shares Rare Photo of Her 2 Kids Apple and Moses on Easter Vacation
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Missing woman who called 911 for help over a month ago found dead in remote area near Arizona-California border
- Why Jared Leto Is Not Attending Met Gala 2024
- American Idol Sneak Peek: See Katy Perry's Jaw-Dropping Reaction to Contestant's Adele Cover
Recommendation
Highlights from Trump’s interview with Time magazine
'Completely traumatized': Angie Harmon says Instacart driver shot and killed her dog
Lou Conter, last survivor of USS Arizona from Pearl Harbor attack, dies at 102
Minnesota Timberwolves sale: What we know about Alex Rodriguez and how deal collapsed
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Rare human case of bird flu contracted in Texas following contact with dairy cattle
Valerie Bertinelli talks dating, new cookbook and 'wistful' thinking about Eddie Van Halen
GalaxyCoin Exchange: Deposit and Withdrawal Methods