Jody Ricardo, former secretary general of the Athens Metropolitan Housing Authority, was sentenced to eight to 12 years in prison and ordered to pay $2,325,395 in compensation to the housing authority.
According to the plea deal, Ricardo pleaded guilty to the following charges:
- First-degree felony engaging in corrupt practices
- Second-degree felony engaging in corrupt practices
- 3rd degree felony theft in office
- The first-degree felony is aggravated theft of $1.5 million.
- First degree felony telecommunications fraud
- Third-degree felony of tampering with evidence
- Falsification of record third-degree felony
In addition to a prison sentence and monetary damages, Ricardo was forced to sell all bank accounts she had and all property acquired with the stolen money, including her and her husband’s rights to their home in Albany. must be confiscated.
Ricardo was arrested in February following a housing authority investigation by the Ohio State Board of Audit. Ricardo is accused of withdrawing funds from government accounts from January 2015 to December 2022 and using them for personal spending.
The Athens Metropolitan Housing Authority helps low-income families find stable and affordable housing, according to its website.
With a record of innocence while in prison, Rickard could be released after serving five years.
https://www.nbc4i.com/news/local-news/athens/former-athens-city-official-pleads-guilty-to-stealing-1-5-million-from-city-housing-authority/ Former Athens city official pleads guilty to stealing $1.5 million from city housing authority