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Raymond Craig Davis, 48, a former Mustang football booster club president was arrested for embezzlement charges. He had opened a second account and never advised the club members that two accounts existed.
Davis reportedly ran a total of $269,129 through both accounts. Within 18 months of work, Davis embezzled $10,120.55 by running it through the club’s original account.
Mustang Public Schools’ administrators called the police after reportedly noticing some accounting irregularities involving the booster club. Investigators determined Davis’ primary use of the embezzled funds was spent on food, and other miscellaneous convenience store purchases ranging from $1.50 to $15.00 at a time.
Once Davis realized he was under investigation, he closed the account and pocketed the last sixty-two cents ($0.62) claiming it was a justified booster club gas money expense.
Davis denied the existence of a second account, but after being presented with banking documents, he admitted to its existence but claimed he used the money to feed booster club donors.
He was arrested and booked into the jail.
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