Former Atlanta CFO Sentenced to 3 Years for Corruption and Tax Fraud
Jim Beard's sentencing concludes a decade-long federal investigation into Atlanta City Hall corruption, marking the end of a high-profile probe.
- Jim Beard misused city funds for personal luxury expenses and falsified tax returns.
- He was ordered to pay $177,197 in restitution and a $10,000 fine.
- Beard's actions included unauthorized purchases of machine guns and lavish trips.
- The investigation led to the conviction of several top officials from former Mayor Kasim Reed's administration.
- Beard's sentence is one of the lighter penalties among those convicted in the probe.