The former police chief in Falmouth stole thousands of dollars from a drug task force account, according to an indictment announced Wednesday by Attorney General Jack Conway’s office.
A grand jury charged Mark Lane Posey with abuse of public trust involving more than $10,000, theft involving a gun, 70 counts of criminal possession of a forged check, and theft by deception.
All the charges are felonies except theft by deception.
Posey, 46, of Cynthiana, was indicted Tuesday in Franklin County and arrested Wednesday, according to a news release from Conway.
The indictment said that from March 2008 to December 2014, Posey allegedly solicited donations from local businesses to investigate drug cases, then he wrote checks from the account to get cash and kept it.
Posey allegedly forged the name of a co-signer to take money from the account, according to the news release.
He also allegedly bought a gun with city money and then sold it to a friend for a higher amount.
The charge under state law specifies an amount over $10,000, but the indictment listed about $19,000 that Posey allegedly stole.
Posey was police chief in the Pendleton County seat from March 2008 until he resigned Feb. 5.
Conway’s office investigated the case and will handle the prosecution.
Posey was being held in the Franklin County Regional Jail, with bond set at $10,000.
He faces up to 20 years in prison.
By Bill Estep
Lexington Herald Leader