© 2024 WFAE

Mailing Address:
8801 J.M. Keynes Dr. Ste. 91
Charlotte NC 28262
Tax ID: 56-1803808
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Former Headmaster Gets 5 Years For Embezzling $9M

Wayne Parker, former headmaster of SouthLake Christian Academy in Huntersville, walks into the Charles R. Jonas Federal Courthouse on July 28, 2016.
David T. Foster III
/
Charlotte Observer
Wayne Parker, former headmaster of SouthLake Christian Academy in Huntersville, walks into the Charles R. Jonas Federal Courthouse on July 28, 2016.

The former headmaster of Southlake Christian School in Huntersville was sentenced to five years in prison Wednesday after admitting to stealing millions of dollars from the school and its affiliated church. Wayne C. Parker, 57, of Mooresville, was accused of spending the money on homes, vehicles, travel and other personal expenses.

U.S. District Judge Max O. Cogburn Jr. also ordered Parker to pay back the money. He's already returned about $3 million and must pay another $6.6 million in restitution. Parker also will be under court supervision for three years after his release from prison.

Parker pleaded guilty in July to one count of wire fraud during.

Federal prosecutors say Parker embezzled the money between 2000 to 2014. According to court documents, he used the money to pay for his own personal expenses and those expenses of an unnamed co-conspirator.

Parker and the church's pastor resigned in 2014 after a review of the school's books turned up discrepancies.

Parker was headmaster and later chief financial officer at SouthLake for a total of 18 years beginning in 1996. He also served as volunteer treasurer at SouthLake Presbyterian Church.

He spent the money on a million-dollar lake home and other real estate, luxury cars and a boat, overseas vacations, Carolina Panthers seat licenses, and even gold.  

RELATED LINKS

Nov. 30, 2016, U.S. Attorney's office press release on Wayne Parker's sentencing

David Boraks previously covered climate change and the environment for WFAE. See more at www.wfae.org/climate-news. He also has covered housing and homelessness, energy and the environment, transportation and business.