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HomeNewsArchivesConvicted GERS Embezzler Out on $90K Bail

Convicted GERS Embezzler Out on $90K Bail

Former Government Employees’ Retirement System Administrator Willis Todmann, convicted Tuesday on six felony counts for submitting forged documents to get an illicit second salary, is out of jail on $90,000 bail pending sentencing.

Todmann had been out on bond since his arrest in 2008. But after his criminal convictions Tuesday, Assistant Attorney General Denise George requested some bail be imposed. George said Todmann was not likely to be a serious flight risk, due to his lifelong connections to the community, but said some bail was in order because one of Todmann’s convictions carried mandatory jail time.

Todmann posted bail with a property bond. He is required to meet with a probation officer twice a week, cannot travel and must surrender travel documents, such as a passport, to the court.

After a five-day trial, a jury on Tuesday convicted Todmann of several counts of fraud, embezzlement by fiduciary, grand larceny and "uttering," meaning in this case passing off forged documents as if legitimate in order to defraud.

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Through his actions, Todmann received $238,000 in illegal income in 2005 and 2006.

Under V.I. law, Todmann faces a minimum sentence of five years in prison for fraud under the GERS statute. The other charges have no minimum sentence. All six charges carry potential maximum sentences of 10 years for each conviction, meaning he potentially faces a maximum of 60 years in prison, in the event he were given the maximum sentence on each count, and the sentences were imposed consecutively.

Todmann’s sentencing is scheduled for Nov. 28 at 11 a.m. in V.I. Superior Court on St. Thomas.

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Former Government Employees’ Retirement System Administrator Willis Todmann, convicted Tuesday on six felony counts for submitting forged documents to get an illicit second salary, is out of jail on $90,000 bail pending sentencing.

Todmann had been out on bond since his arrest in 2008. But after his criminal convictions Tuesday, Assistant Attorney General Denise George requested some bail be imposed. George said Todmann was not likely to be a serious flight risk, due to his lifelong connections to the community, but said some bail was in order because one of Todmann's convictions carried mandatory jail time.

Todmann posted bail with a property bond. He is required to meet with a probation officer twice a week, cannot travel and must surrender travel documents, such as a passport, to the court.

After a five-day trial, a jury on Tuesday convicted Todmann of several counts of fraud, embezzlement by fiduciary, grand larceny and "uttering," meaning in this case passing off forged documents as if legitimate in order to defraud.

Through his actions, Todmann received $238,000 in illegal income in 2005 and 2006.

Under V.I. law, Todmann faces a minimum sentence of five years in prison for fraud under the GERS statute. The other charges have no minimum sentence. All six charges carry potential maximum sentences of 10 years for each conviction, meaning he potentially faces a maximum of 60 years in prison, in the event he were given the maximum sentence on each count, and the sentences were imposed consecutively.

Todmann's sentencing is scheduled for Nov. 28 at 11 a.m. in V.I. Superior Court on St. Thomas.