Court reporter Michael Ashcraft, an Arkansas state employee, was arrested Friday for the alleged misappropriation of funds in his position as treasurer of the Arkansas Court Reporters Association organization.
Ashcraft was the organization’s treasurer for 12 years. He also worked as a court reporter in the 10th Judicial District, which includes Ashley, Bradley, Chicot, Desha and Drew counties.
“In his position as treasurer for the Court Reporter’s Association, Ashcraft was in a position of trust and had full and complete access to association membership funds generated by membership dues,” a news release from the attorney general’s office said.
Ashcraft allegedly misused association membership funds by comingling legitimate association expenses with purchases for himself and others.
From January 2015 to June 2018, Ashcraft allegedly manipulated, misappropriated and misused more than $100,000 in membership funds without permission from the association or its board.
Agents with the Public Integrity Division of the Arkansas Attorney General’s Office investigated the matter.
Ashcraft was arrested and charged with one count of Theft of Property (B) Felony after he turned himself in to authorities in Bradley County.
He was released on a $15,000 bond.
If convicted, he could face a prison sentence of five to 15 years and a fine up to $15,000.