Latest News, WV Press Videos

Assets seized from ex-Fairmont State official

FAIRMONT, W.Va. — Thousands of dollars were seized from a former Fairmont State University vice president who was convicted of embezzling $1.3 million from the institution.

The U.S. Attorney’s Office for the Northern District of West Virginia seized $75,000 in forfeited assets in the 2014 fiscal year from former FSU vice president David Tamm of Parkersburg, according to a press release from the office.

The release said along with the forfeiture, the court imposed a money judgment in the amount of $639,174.33.

In January, Tamm pleaded guilty to stealing hundreds of thousands of dollars from the university through the use of a state-issued purchasing card, which he used to buy more than 300 computer switches from an electronics company. He admitted that from October 2007 until January 2013 he embezzled and stole money from Fairmont State, including funds from federal education grants.

Tamm also admitted to filing a false tax return in 2012 by reporting he made less money than he actually did…

Comments are closed.

Subscribe to Our Newsletter

Subscribe to Our Newsletter

And get our latest content in your inbox

Invalid email address