Panama City Beach Sports Complex CFO fired after embezzlement arrest

PANAMA CITY BEACH – Officials at the Panama City Beach sports complex said they fired the finance director who was recently arrested after allegedly embezzling $ 37,000.

Darren Landry, a 51-year-old Walton County resident, has been charged with robbery and ongoing fraud scheme, according to a press release issued Tuesday by the Bay County Sheriff’s Office.

“Through our process and our reports, we have noticed some irregularities in the financial reporting,” said Jason Clement, CEO of the resort. “We investigated and determined there was a lack of funds.”

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Finding evidence of theft, officials from the Convention and Tourism Bureau, the resort’s management company, filed a report with the sheriff’s office. A BCSO investigation found that Landry embezzled $ 37,000 in the past year, BCSO reported.

As part of his daily work, Landry was not only in charge of the resort’s receipts, but also had access to all funds and accounting documents.

Investigators said they believed he was changing the amount of money on the resort’s accounting records to hide the amount of money he was stealing.

Panama City Beach Sports Complex officials fired Darren Landry, the former CFO, who was arrested for allegedly embezzling $ 37,000.

Landry was arrested on warrant with the help of the Walton County Sheriff’s Office. He was held in Walton County Jail and will be extradited to Bay County for his first court appearance.

“The good news is the system, the review process detected irregularities and discrepancies,” Clement said. “This is a public complex that taxpayers have ultimately paid for and when you are the stewards of anyone’s money – but certainly the public’s money – public trust is of paramount importance. critical importance. “

Clément noted Wednesday that his group had already filled the position of Landry. He then declined to disclose the name of the new CFO.

Clement also said the embezzled money had been replaced and the situation had not hampered any service at the resort.

“We have planned for a full 2022, (and) it will be the best year yet at the park,” he said. “We have even more campaigns and initiatives going on and so we are very excited for the future.

“We just need to make sure that… we put the right systems in place to make sure that doesn’t happen again.”

This article originally appeared on The News Herald: Panama City Beach Sports Complex CFO Fired After Arrest

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