PRESTONSBURG – Former Prestonsburg Mayor Jerry Fannin was indicted on Wednesday, Feb. 22. Fannin has been the topic of much speculation and controversy as rumors of misconduct and misappropriation of funds have swirled around the Prestonsburg months.
The indictment alleges that during 2013 — when Fannin was the mayor of Prestonsburg — he misappropriated city funds to pay for various costs relating to the East Kentucky Drillers indoor football team. The indictment states that Fannin approved gas and driver expenses to drive a van owned by the City of Prestonsburg and used by the Prestonsburg Senior Citizens to be used to transport East Kentucky Drillers players to a game in Michigan. Fannin was also a player for the team during this time. The total expenses directed to the East Kentucky Drillers totaled approximately $7,800.
In addition to the allegations relating to the East Kentucky Drillers, Fannin is also accused of misusing his position in city government to net a profit of $97,000 for a land deal that was clearly a conflict of interest. Fannin is accused of receiving a Chevy Tahoe as a gift while serving as Prestonsburg Mayor as well.
The audit looking into the operations of Fannin’s administration was requested in 2014 by the Prestonsburg City Council and current Prestonsburg Mayor Les Stapleton. The current administration wanted to implement policies and procedures to follow in order to create transparency of city government.
If convicted, Fannin faces up to 10 years in prison and $250,000 in fines.
Andrea Saddler is a reporter for The Floyd County Times. She can be reached at (606) 886-8506.