Former Atlanta CFO pleads guilty in corruption case, faces 13 years in prison

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Atlanta’s former chief financial officer Jim Beard has pleaded guilty in federal court on charges.

Beard pleaded guilty to one count of federal program theft and one count of obstructing IRS laws.

Beard faces up to 13 years in prison. He also has agreed to pay an amount to be determined at sentencing, which is set for July 12.

Beard served as Atlanta’s CFO from November 2011 to May 2018.

He was accused of using city money to pay for personal travel for himself and his family among other crimes.

Stay with WSBTV.com and tune into Channel 2 Action News at Noon for the latest on this developing story.

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