Former Bowling Green CFO Indicted

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A federal grand jury has formally indicted cooper on charges of embezzlement and money laundering.

The 49-year-old Cooper served as Bowling Green city treasurer from 1980 until 2001. He was the city's chief financial officer from 2002 until 2005.

The indictment charges that Cooper stole approximately $450,000 of that money each year since then and had already stolen nearly $115,000 prior to his arrest in mid-march.

Cooper is also charged with transferring $45,000 of money he had stolen from the city from one bank account to another in May of 2004.

The last count alleges that cooper shall forfeit the contents of two U.S. bank accounts, three insurance policies, two homes in Bowling Green, and $2.5 million in cash.

Because Bowling Green receives federal money from the U.S. Department of Housing and Urban is considered a federal crime.

Cooper's attorney says a plea agreement is likely and a sale of his assets is scheduled for June 18. Cooper is scheduled for arraignment May 18 before the U.S. magistrate judge in Bowling Green.