Former Floyd County Schools’ Maintenance Director Derry Richardson is expected to be in Floyd County Superior Court Tuesday to answer claims he withdrew $30,000 after learning his assets were being seized.
He stands accused of using fraudulent invoices to steal more than $600,000 from the Floyd County Board of Education.
The state filed to seize his assets on April 14th – and around 1:00pm that day, Richardson withdrew the money from a Summerville bank.
Receiver Brian Bojo filed a motion asking the $30,000 be placed in the receivership, stating that Richardson knew his assets were being seized when he withdrew the money.
The hearing is scheduled for 1:30 Tuesday afternoon in front of Judge Walter Matthews.
The seizure has been filed under the state’s racketeer influenced and corrupt organizations act. In documents filed earlier this month prosecutors contend that Richardson and others engaged in and committed at least two or more acts of racketeering relating to theft.
Richardson along with three others resigned the day Floyd County School System officials announced that they had called police in to investigate irregular purchases; Sam Sprewell, Director of Operations retired.
At this point, no criminal charges have been filed.
The GBI is assisting Floyd County Police with the investigation.