FRANKFORT, Ky. (March 25, 2015) – Attorney General Jack Conway today announced the indictment and arrest of Mark Lane Posey, Former Chief of Police in Falmouth, Ky following an investigation by Attorney General Conway’s Department of Criminal Investigations (DCI). Posey was Chief of Police from March 2008 until his resignation February 5, 2015.
On Tuesday, a Franklin County grand jury returned an indictment charging Posey with the following:
Abuse of Public Trust Over $10,000, a Class C Felony
- Theft by Unlawful Taking – Firearm, a Class D Felony
- Criminal Possession of a Forged Instrument Second Degree (70 COUNTS), Class D Felonies
- Theft by Deception Under $500, a Class A Misdemeanor
According to the indictment, from March 2008 to December 2014, Posey is alleged to have taken over $10,000 in funds from a drug task force account. Posey allegedly solicited donations from local businesses for drug cases and deposited the funds into one account. Posey would allegedly write checks out of that account for cash and keep the funds for personal use. Posey is alleged to have forged the signature of a co-signor to the account. Also, Posey allegedly purchased a gun with Falmouth Police department funds approved by city council and then sold the gun to a friend for a higher amount.
Posey was arrested today and is being held in the Franklin County Regional Jail on a $10,000 bond. Posey faces a maximum sentence of 20 years in prison.
Attorney General Conway’s Office of Special Prosecutions is handling the prosecution of this case.
A charge is merely an accusation. A defendant is presumed innocent until and unless proven guilty.
The Department of Criminal Investigations (DCI) provides expert criminal investigative services in the following areas: Cyber Crimes, Drugs and Public Integrity/Special Investigations. The Public Integrity/Special Investigations Branch of DCI conducts investigations regarding allegations of corruption by state and local public officials. The branch investigates numerous areas of corruption including executive, judicial, legislative, vendor contract, law enforcement and regulatory corruption. The branch is also instrumental in investigating allegations of voter fraud. The branch conducts investigations for other state agencies as requested.