Federal records show that a former part owner of a large child care facility in Milwaukee has entered a guilty plea to embezzling almost half a million dollars to spend on such personal leisure and entertainment including $17,000 alone for tickets to WrestleMania, Packers playoff games and NBA games.
Omar Jackson used to be the manager and partial owner of the Learning Through Technology Childcare Academy on W. Fond du Lac Ave. near N.76th St. The academy periodically received federal grants through state programs to help fund its activities and projects.
Jackson was discovered to have opened an account at Wells Fargo Bank in June 2016 where he falsely claimed to be the sole owner of the child care facility and even listed his home address on the said account.
Jackson also filed forms with the state requesting that all grant money meant for the child care facility be deposited at the account he opened at Wells Fargo, instead of the prevailing arrangement with the facility’s account at U.S. Bank.
Federal prosecutors said in pursuing the case against Jackson said that between October 2016 and May 2017, more than $547,000 in government grants were deposited into the Wells Fargo account. It was later discovered that Jackson used the money for personal use.
Jackson was found to have spent more than $120,000 in personal expenses including the whopping $17,000 worth of professional sporting and entertainment events. He also spent some of the child care facility’s funds to pay for out-of-state golf trips, family vacations to Wisconsin Dells and Florida, retail purchases, rent and car payments. He also withdrew more than $28,000 in cash from the account.
Jackson did not stop with those excesses. In May last year, he attempted to transfer a large $275,000 from the Wells Fargo account into a personal checking account. Federal investigators got wind of the attempt, swooped in on him and effectively stopped the fraudulent transfer and seized the funds by the power of a warrant.
Jackson initially denied the embezzlement charges but later confessed to his crimes. He admitted that the majority owner of the child care facility did not know about the Wells Fargo account.
Jackson signed an agreement last week to plead guilty to one count of embezzlement. He faces a possible maximum penalty of 10 years in jail.
The Goldwater also reported back in January the case of Monsignor William Dombrow in Philadelphia who embezzled a half a million dollars meant to fund the care of aging and retired priests to cover his copious gambling debts, buy concert tickets and pay for expensive trips abroad. The church has forgiven him but the federal justice system won’t let him get away with it.