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Former BISD finance director set to enter into plea deal - 12 News KBMT and K-JAC. News, Weather and Sports for SE Texas

Former BISD finance director set to enter into plea deal

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The former Beaumont Independent School District Finance Director who is facing a 19-count federal indictment is set to enter a guilty plea on April 14 at 1:30 p.m. before United States District Judge Ron Clark.

Devin McCraney and BISD's former comptroller sharika allison were both charged with embezzling $4 million dollars from the district.

 

McCraney's attorney Todd Clemons says as part of the agreement McCraney will plead guilty to committing fraud on programs receiving federal funds. Clemons says the feds will then dismiss the conspiracy charge against him. Clemons also says there's no recommended sentence that's part of the plea deal. He says his client could receive up to 10 years in prison.

McCraney, 35, submitted his letter of resignation to the district shortly after he was accused of taking part in embezzling at least 4$ million from BISD.

The 19-count indictment was handed up January 8.

CLICK HERE TO SEE THE INDICTMENT

Federal investigators say evidence against the two include 18 fraudulent wire transfers totaling $2.7 million and 5 wire transfers totaling $1.35 million. The money was moved to bank accounts under the control of McCraney and Allison.

McCraney is accused of enlisting Allison, who worked for him, in his scheme. Authorities say she set up a bogus company, and called it "Milimann Consultants". BISD does regular business with "Milliman USA. Investigators don't believe the similarity of the names is a coincidence, they believe it was done purposely to confuse and use the fake company to divert district funds to the personal accounts of Allison and McCraney.

Authorities say five wire transfers from BISD's Bank of America account were made to a Capital One account owned by Sharika Allison, doing business as Miliman Consultants. After each transfer, investigators say Allison would write a check or series of checks to McCraney for about one-half of the funds she had received.

If neither defendant enters a plea agreement, each face up to 10 years in federal prison.

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