China Grove man accused of longterm embezzlement scheme
Published 12:00 am Friday, October 12, 2012
By Nathan Hardin
SALISBURY – An employee is under a $500,000 bond in Rowan County jail after authorities said he wrote checks to himself for years.
Barry Glenn Hobbs, of Lentz Road in China Grove, was taken into custody Oct. 12 on 29 counts of felony embezzlement and one count of felony financial card fraud.
Deputies were notified on Sept. 24 after the owner of Theresa’s Concrete Services said an audit of the business showed “a series of offenses,” an arrest report said.
Investigator Sam Henline met with the owner, Theresa Richard, who told authorities she had copies of checks, bank statements and other financial transaction data detailing the inaccuracies.
According to the company’s website, Hobbs was listed as the chief operating officer.
An arrest report said Richardson was “shocked to find that apparently Mr. Hobbs had taken money from the company over the course of several years.”
The alleged amount was not available Friday afternoon. The report described the total as a “large sum.”
Prior to the allegations, Hobbs was an “employee in good standing,” the report said.
Warrants for Hobbs were obtained on Sept. 30.
Hobbs’ attorney, Trippe McKeny, informed officers on Tuesday that Hobbs planned to turn himself in at the North Main Street Sheriff’s Office Friday.
He was taken into custody about 10 a.m.Contact reporter Nathan Hardin at 704-797-4246.