06/10/2024

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Former Spring Lake finance manager arrested, charged with embezzlement

Former Spring Lake finance manager arrested, charged with embezzlement

Spring Lake's former finance director, Gay Tucker, is facing charges of embezzlement, bank fraud and aggravated identity theft, the U.S. Attorney for the Eastern District of North Carolina announced Friday.

Spring Lake’s former finance director was arrested Friday by federal authorities and charged with embezzlement, bank fraud and aggravated identity theft. 

Gay Cameron Tucker, 63, of Fayetteville, is accused of embezzling more than $500,000 from Spring Lake during her tenure as finance director and accounting technician for the town, according to a statement released by the U.S. Attorney for the Eastern District of North Carolina.  An indictment also accuses her of carrying out the embezzlement through fraudulent checks containing forged signatures of the mayor and town manager, the statement said. 

COST TO RESIDENTS:How much has Spring Lake’s financial mishandling cost its residents?

U.S. Attorney Michael Easley said in the statement that city government officials are entrusted to spend taxpayer funds on public needs — not their own.