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North Carolina Headmaster Accused of Embezzling $9M

CHARLOTTE, N.C. (AP) — Federal prosecutors say a former headmaster at a private school in suburban Charlotte is charged with wire fraud stemming from the embezzlement of nearly $9 million.

U.S. Attorney for the Western District of North Carolina Jill Westmoreland Rose tells local media outlets that 59-year-old Wayne Parker Jr., the former headmaster of Southlake Christian Academy in Huntersville, is charged.

Prosecutors allege that Parker, who resigned almost two years ago, used the money for such things as a million-dollar lake house, seats at Carolina Panther games and luxury vehicles.

Court records show a sealed plea agreement has been filed and that Parker appears before a judge next week.

His attorney told The Charlotte Observer ( his client has confessed, is cooperating and will make restitution to the best of his ability.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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