Former Upper Gwynedd Fire Co. Treasurer Pleads Guilty to Embezzling
By Brad Segall
UPPER GWYNEDD, Pa. (CBS) — The former treasurer of a Montgomery County, Pa. fire company has admitted in court that he stole more than $200,000 over a period of several years.
Ronald Kenneth Nolan pleaded guilty to felony charges that include theft and unauthorized use of a credit card. Prosecutors say the 62-year-old Skippack, Pa. man embezzled the money from the Upper Gwynedd Fire Company using two credit cards and by writing cash advances to himself (see previous story).
They say he used the money to pay for personal expenses, fuel a gambling habit, and to pay for his daughter’s wedding.
Prosecutor Laura Adshead says she plans to ask for a state prison sentence.
“This is a very serious theft,” she tells KYW Newsradio. “It lasted for a long period of time, where he was defrauding the fire company when they had placed him in a position of trust.”
Nolan could spend more than 20 years behind bars. He spent 24 years as the fire company’s treasurer and two decades as the township’s fire marshal.
Nolan remains free on $10,000 bail while awaiting sentencing.