News and Press Releases

Former Executive Director Of The Ripley Housing Authority Sentenced In Embezzlement And Tax Evasion Scheme

April 19, 2012

Memphis, Tenn. - David Royce Ford, age 35, of Ripley, Tennessee, has been sentenced by Chief Judge
Jon P. McCalla to serve 24 months in prison, followed by three years of supervised release, announced
Edward L. Stanton, III, United States Attorney for the Western District of Tennessee. Judge McCalla also
ordered Ford to pay restitution of $43,990 to the Internal Revenue Service and $158,794.81 to the Ripley Housing Authority.

Ford pled guilty on January 12, 2012, to charges of embezzlement, money laundering, and tax evasion.
Ford began working for the Ripley Housing Authority as Executive Director on January 4, 2009.
In his capacity as Executive Director, Ford made unauthorized purchases and withdrawals from the
checking account of the Ripley Housing Authority for his personal use, including two cashier’s check
payments on February 26, 2010 to Abernathy’s Motorcycle Sales and North Star in the amounts of
$11,500 and $7,927 respectively. Ford also used an unauthorized cashier’s check drawn on the housing
authority’s account to purchase a 2009 Ford F150 pickup truck for $33,800 on February 5, 2010. The
total loss to the housing authority is approximately $216,000.

Additionally, Ford failed to report to the Internal Revenue Service approximately $50,000 in additional
taxable income for calendar year 2009 that he received as a result of the embezzlement, resulting in a tax
loss of approximately $10,490 for that year.

This case was investigated by the United States Secret Service, Special Agent Greg Newberry of the
United States Housing and Urban Development Office of Inspector General, and Special Agent Shari
Paige of the Internal Revenue Service Criminal Investigation Division. This case is being prosecuted by
Assistant United States Attorney Justin L. Bailey on behalf of the government

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