Ex-Houston treasurer embezzled $1.1M from city and Wasilla company, feds say

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A former treasurer for the City of Houston faces federal charges of embezzling more than $1 million from the city and a Wasilla-based equipment company.

The James M. Fitzgerald U.S. Courthouse & Federal Building in downtown Anchorage on Aug. 31, 2022.

The $1.16 million Adams allegedly embezzled includes about $274,000 from Houston, where Adams served as treasurer from October 2015 to November 2018. Until he resigned after being placed on administrative leave, prosecutors say Adams had “administrative access to the City’s accounting records and software.”

The bulk of the stolen funds — $887,500 — came from the second employer Adams allegedly targeted, a Wasilla-based equipment company where he worked from November 2019 to March 2022. According to the indictment, Adams sent 158 payments from the company’s account to three of his own accounts during that time.

 

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When the Whistle was trying to blow in Houston, nobody wanted to listen. Corruption at many levels in that city.

That’s a bunch of fireworks taxes

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