BREAKING NEWS: Suspect in alleged MVFC embezzlement charged
Delaware State Police have arrested a 36-year-old Dagsboro man after an audit of a local fire company’s accounts reveal he allegedly stole more than $190,000 in funds.
Justin K. Oakley turned himself into detectives Tuesday, May 10, after the Troop 4 Financial Crimes Unit received a forensic audit from the State of Delaware Office of Auditor of Accounts.
The audit indicated the former Millville Volunteer Fire Department treasurer had allegedly conducted more than $190,000 in personal transactions using fire department funds, while acting as the organization’s treasurer between Jan. 1, 2012, and June 30, 2015.
The information came to light after Oakley reportedly admitted to Millville VFC officials in a meeting around May of 2015 that he used the company’s money for personal transactions.
Oakley was charged with Theft over $100,000 and 100 counts of Falsifying Business Records. He was arraigned and released after posting $12,500 secured bond.
(See the story on the front page of the May 13, 2016, Coastal Point for more on this story.)