Non-Profit Executive Pleads Guilty to Bank Fraud
By: Dylan Brooks
Updated: August 26, 2010
The former executive director of a local non-profit has pleaded guilty to bank fraud.
Michael Woodson Burney also pleaded guilty to one county of identity theft for trying to take close to $400,000 from Camp Fire USA. Burney admitted to a magistrate that from 2007 to 2009 he wrote checks to himself from charity funds and put them in his own checking account. He also filed bogus invoices to cover his tracks.
Burney faces 30 years in prison and a $1 million fine when he's sentenced.
Michael Woodson Burney also pleaded guilty to one county of identity theft for trying to take close to $400,000 from Camp Fire USA. Burney admitted to a magistrate that from 2007 to 2009 he wrote checks to himself from charity funds and put them in his own checking account. He also filed bogus invoices to cover his tracks.
Burney faces 30 years in prison and a $1 million fine when he's sentenced.
