Former Craighead County Clerk pleads guilty to federal wire fraud

Published: Feb. 21, 2022 at 9:19 PM CST|Updated: Feb. 22, 2022 at 4:03 PM CST
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JONESBORO, Ark. (KAIT) - Former Craighead County Clerk Kade Holliday pleaded guilty Tuesday to taking more than $1.5 million in county money for his personal use.

According to a news release from Jonathan Ross, U.S. Attorney for the Eastern District of Arkansas, Holliday pleaded guilty to one count of wire fraud in federal court. A judge will sentence him at a later date.

At Tuesday’s hearing, Holliday said he would make a transfer from the county account to one of his personal accounts, then get a cashier’s check from his personal account for the same amount.

Holliday admitted to investigators he took the money to fund his businesses: Holliday Development and Management and Total Healthcare which operated restaurants and coffee shops in Jonesboro.

“Holliday told investigators he planned to pay the money back, but once the COVID-19 pandemic caused most of his businesses to close, he could not replace the money,” the release stated.

In his plea agreement, Holliday agreed to pay $1,579,067.03 in restitution to Craighead County.

A grand jury had indicted Holliday on 11 counts of wire fraud on Dec. 1, 2020. In exchange for his guilty plea on the first count, the other charges were dismissed.

Last November, Holliday was sentenced to 10 years in state prison after pleading guilty to theft of property.

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