OIG Investigative Reports, former Costal Bend College Business Manager Sent to Federal Prison for Embezzlement Skip to main contentAbout UsContact UsFAQs Language Assistance Englishespañol中文: 繁體版Việt-ngữ한국어TagalogРусский U.S. Department of Education Search for: Toggle navigation U.S. Department of Education Student Loans Grants Laws Data About ED OFFICES Home Reports & Resources Programs/Initiatives News Office Contacts Investigative Report U.S. Department of Justice U.S. Attorney's Office Southern District of Texas Tim Johnson, Acting United States Attorney FOR IMMEDIATE RELEASE April 24, 2009 www.usdoj.gov/usao/txs Angela Dodge Public Affairs Officer (713) 567-9388 Former Costal Bend College Business Manager Sent to Federal Prison for Embezzlement (CORPUS CHRISTI, Texas) - Costal Bend College's former Business Manager, Aubrey Mervin Smart Jr., 61, has been sentenced to federal prison for embezzlement from an organization receiving federal funds, acting United States Attorney Tim Johnson announced today. At a sentencing hearing before United States District Judge John D. Rainey, Smart was sentenced to 18 months in federal custody, followed by two years of supervised release. Smart was also ordered to pay restitution to Costal Bend College in the amount of $127,541.85. On Nov. 24, 2008, Smart pleaded guilty to embezzling from Costal Bend College, an organization receiving federal funds, admitting that while he was employed as the business manager at the college he stole more than $127,000 from the college's general fund. Costal Bend College is an organization which receives millions of dollars in grants and other aid from the United States Department of Education each year, which are deposited into the college's general fund account. As the business manager and financial officer of Costal Bend College, Smart had access to this general fund account. Between Feb. 4, 2008, and the discovery of his scheme on April 22, 2008, Smart used electronic fund transfers to move the embezzled funds from Costal Bend College's general fund account to a personal bank account under his control. Smart was remanded to the custody of the United States Marshals Service following today's hearing. The case was investigated by agents from the FBI, the U.S. Department of Education-Office of Inspector General and the Bee County Sheriff's Office. The case was prosecuted by Assistant United States Attorney Robert D. Thorpe Jr. # # # Top Printable view Share this page Last Modified: 05/06/2009 How Do I Find... Student loans, forgiveness College accreditation No Child Left Behind FERPA FAFSA 1098-E Tax Form 2015 Budget Proposal More > Information About... Transforming Teaching Family and Community Engagement Early Learning K-12 Reforms More > Connect Facebook Twitter YouTube Email RSS Google+ More > MISUSED FOIA OIG Fraud Hotline Our mission is to promote student achievement and preparation for global competitiveness by fostering educational excellence and ensuring equal access. Student Loans Repaying Loans Defaulted Loans Loan Forgiveness Loan Servicers Grants & Programs Apply for Pell Grants Grants Forecast Open Grant Competitions Find Grant Programs by Eligibility Laws & Guidance No Child Left Behind FERPA Civil Rights Data & Research Education Statistics Postsecondary Education Data State Education Data Nation's Report Card What Works Clearinghouse About Us Contact Us ED Offices Jobs News FAQs Budget, Performance Notices FOIAPrivacySecurityInformation qualityInspector GeneralWhitehouse.govUSA.govBenefits.govRegulations.gov
Former Costal Bend College Business Manager Sent to Federal Prison for Embezzlement. Corpus Christi, TX, April 24, 2009
Published by the Department of Education, Office of Inspector General on 2009-04-24.
Below is a raw (and likely hideous) rendition of the original report.