FBI Special Agent Pleads Guilty To Embezzling Public Funds

By Newsroom America Staff at 16 Jul 2012

(Newsroom America) -- FBI Special Agent Timothy Klotz, 45, of Yukon, Oklahoma, has pleaded guilty to embezzlement of public money, according to U.S. Attorney Sarah R. Saldana of the Northern District of Texas.

According to documents filed in the case, from October 2007 through mid-December 2011, Klotz embezzled a total of $43,190 from a Confidential Human Source (CHS) fund that is used by the FBI to develop information about criminal activities.

Klotz submitted 66 false CHS payment receipts on which he forged the signature of at least one of seven special agents of either the FBI or the Air Force Office of Special Investigations.

As part of his agreement with the government, Klotz agrees to pay $43,190 in restitution to the FBI prior to sentencing.

Klotz faces a maximum statutory sentence of 10 years in federal prison, a $250,000 fine and restitution. Judge Miles-LaGrange ordered a presentence investigation report with a sentencing date to be set upon completion of that report.