Former Georgetown University Accountant, Reginald Clark, was convicted Feb. 1 of stealing some $200,000 from the Hoya Federal Credit Union. Clark worked for the credit union from 2001 to 2003.
Clark, who was employed as an accountant at the Hoya credit union, was convicted of gaming the internal computer system to steal money from 2001 to 2003. He was convicted in the U.S. District Court for the District of Columbia of bank fraud, wire fraud, and making false entries in federal credit institution records.
According to a press release from the Justice Department, government evidence indicated that Clark "engaged in at least three different fraudulent schemes that resulted in losses to the institution." The Hoya Federal Credit Union is used by University faculty, staff and their families.
Clark could receive a sentence of 51 to 63 months and a fine of up to $100,000. He is being held in jail pending a sentencing hearing scheduled for Apr. 28.
According to the Justice Department press release, "two other defendants—Kenard Walston, a cousin of Clark’s; and Tanya Hubbard, Walston’s wife, also were charged in the case. Walston, 40, and Hubbard, 32, of Norwich, Conn., are awaiting trial on other counts."