- Associated Press - Monday, January 26, 2015

JACKSON, Miss. (AP) - Former State Sen. Tommy Robertson of Moss Point has been indicted on five counts of embezzlement.

The former chairman of the Senate Finance Committee is accused of embezzling $484,092 of loan proceeds from Singing River Federal Credit Union.

State Auditor Stacy Pickering says Robertson was holding the loan proceeds in trust for the purpose of distributing the funds in accordance with the applicable loan statements.

Pickering says the 59-year-old Robertson surrendered himself to the Jackson County Sheriff’s Office Monday and was released on $50,000 bond.

Pickering says the embezzlement is alleged to have occurred in April of 2013 while Robertson was board attorney for the credit union.

Pickering worked with the sheriff’s office and the district attorney’s office on the investigation,

Robertson served in the State Senate from 1992-2008.

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