A Hattiesburg bail bondsman has been arrested on embezzlement charges, according to a press release Attorney General Jim Hood.
Allen Humphrey, 56 of Hattiesburg, has been arrested for writing $875,000 in fraudulent bonds while working for Mississippi Bonding Company.
From these bonds, he is accused of embezzling the company’s proceeds and converting the money to his own use.
According to the AG press release, following an indictment by a Lamar Co. Grand Jury on two counts of felony embezzlement, Humphrey turned himself in to authorities Thursday.
The Attorney General’s Public Integrity Division conducted an investigation and found that Humphrey was allegedly embezzling funds while issuing bonds for the Mississippi Bonding Company, according to the press release.
He is being housed at the Lamar County Jail and his bond is set at $45,000. If convicted, Humphrey could face up to 30 years in custody of the Mississippi Department of Corrections. He could also face a $50,000 fine.