North Carolina Headmaster Pleads Guilty to Embezzling $9M - News Summed Up

North Carolina Headmaster Pleads Guilty to Embezzling $9M


———Information from: The Charlotte Observer, http://www.charlotteobserver.com The Charlotte Observer reports (http://bit.ly/2ae6iew) that under a plea agreement, federal prosecutors want Parker to spend between seven and nine years in prison. Wayne Parker Jr. pleaded guilty Thursday to wire fraud and will forfeit $9.4 million. The former headmaster at a private school in suburban Charlotte has pleaded guilty to stealing more than $9 million and will have to repay the money he used for a million-dollar lake house, seats at Carolina Panthers games and luxury vehicles. The 59-year-old is the former headmaster of Southlake Christian Academy in Huntersville.


Source: ABC News July 28, 2016 19:41 UTC



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