Home » NEWS » Ex-economic developer indicted for embezzlement

Ex-economic developer indicted for embezzlement

Money in handWIGGINS — State Auditor Stacey Pickering reports Jay Paul Gumm, former executive director of the Stone County Economic Development Partnership, has been indicted on one count of felony embezzlement.

He was served the indictment by OSA special agents and Stone County deputies Monday. Gumm was previously arrested on Aug. 16, 2013, for embezzlement.

As executive director, Gumm embezzled over $24,000, according to Pickering.

The various instances of embezzlement include: Gumm deposited $11,750 into his personal account; fraudulently withheld a $2,000 personal check that was shown as deposited; deposited a $500 fraudulent check into his personal account from a Christmas party; deposited an $8,060 amount from six checks with forged signatures; and other money.

Gumm served two terms in the Oklahoma State Senate from 2002-2010 before moving to Mississippi.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About MBJ Staff

Leave a Reply

Your email address will not be published. Required fields are marked *

*