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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.
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