Bond set for Pelion businessman accused of fraud, embezzlement

Posted 2/8/19

Former Pelion businessman Sam Jackson, Jr., has been accused of a multi-million dollar embezzlement scheme.

 

The courtroom was filled as Jackson had a bond …

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Bond set for Pelion businessman accused of fraud, embezzlement

Posted
Former Pelion businessman Sam Jackson, Jr., has been accused of a multi-million dollar embezzlement scheme.
 
The courtroom was filled as Jackson had a bond hearing Thursday afternoon, Feb. 7.
 
Paul Kirby reported on the Lexington Ledger web site that Jackson was being held in the Lexington County Detention Center on charges of financial transaction card fraud in excess of $500. 
 
Other charges may be pending.
 
During the hearing, the case investigator said Jackson fled to North Carolina with a companion to avoid arrest.
 
He has been implicated in an alleged scheme that affected his former employer and investors. 
 
The investigator told the court that:
- Jackson abandoned his family after stealing from the ATM business. 
- His employer had treated him like a part of his family for decades beforeJackson betrayed him. 
- For several days Jackson kept his cell phone off to try to avoid capture. - Jackson and his companion planned to live “off the grid” in North Carolina for a short period. They planned to make their way to Alaska where they hoped to do the same, disappearing into the frontier together. Jackson was arrested and returned to Lexington County.
 
After hearing the investigator and asking Jackson a few questions, the judge:
- Granted him a $15,000 surety bond.
- Ordered him checked by a GPS ankle monitor and to surrender his passport. 
 
His next court appearance is set for April 4.

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