Banker pleads guilty to embezzling over $81k from Mobile nonprofit
MOBILE, Ala. (WPMI) —
Robert Sands Murray, Jr. entered a guilty plea Friday in Mobile Federal Court admitting he embezzled over $81,000 from a local non-profit agency, according to his plea agreement.
Federal prosecutors say that Murray was a commercial banker with Synovus Bank in Mobile, and was an authorized signer on the account of a local non-profit identified only as being “established to acquire and renovate a historic structure in Mobile.”
Murray admitted in the plea deal that from May 2017 to September 2017 he took $81,010.00 from the non-profit.
Murray faces up to 20 years in federal prison and up to a $250,000 fine.