Ex-SEDC Chief Charged With Embezzlement

Tuesday, May 3, 2011  |  Updated 10:13 PM PDT
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Ex-SEDC Chief Charged With Embezzlement

Sam Hodgson/voiceofsandiego.org

Former SEDC President Carolyn Smith.

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Ex-SEDC Chief Charged With Embezzlement

Two former top redevelopment officials could be facing some serious prison time, according to the voiceofsandiego.org.
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Two former top San Diego redevelopment officials could be facing some serious prison time after being accused of embezzlement and misappropriation of public funds, according to the voiceofsandiego.org.

In 2008 Carolyn Smith and Dante Dayacap paid themselves and other Southeastern Economic Development Corp. (SEDC) employees more than they had reported to their board, according to the website.

Significantly more.

The state of California filed criminal charges against them on Tuesday, according to the voiceofsandiego.org.

Law enforcement officials arrested Dayacap Tuesday. Smith wasn't immediately taken into custody, the website reported.

Both Dayacap and Smith face up to seven years in prison if convicted.
 

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