Sunday, July 11, 2010

FAMU officials accused of embezzling

Two Florida A&M officials have been indicted by the federal government for conspiring to embezzle Housing and Urban Development Department money. U.S. Attorney Pamela Marsh said Wednesday that Eugene Telfair and Robert Nixon were indicted on charges of conspiracy, theft from an organization receiving federal funds, and embezzlement. Telfair, president of the FAMU Federal Credit Union, and Nixon, the director of FAMU's Institute on Urban Policy and Commerce, allegedly conspired to steal about $134,250 between 2005 and 2008. The indictment said Telfair and Nixon wrote one another checks and created fraudulent personal services contracts. Telfair is also alleged to have created false tax documents.

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