WIRE FRAUD SPD OFFICER PAID OVER $200,000 ON AD LEAVE BEFORE RESIGNATION
Last week former SPD Lieutenant Jeffery Peters plead guilty to a federal charge of wire fraud. Peters was paid over $13,000 for overtime hours he did not work.
Under pressure of being fired, Peters retired in July of last year (2023). That was after being on paid administrative leave from January of 2021.
Thus, Peters was paid his full salary on administration leave for at least 27 months. It is estimated that his full pay as a lieutenant including State supplemental pay was $90,000, or more, per year.
Using a gross monthly of $7,500 for 27 months, it is calculated that Peters was paid at least $200,000 to sit at home. The wheels of justice move slowly, but in this case the extended administration leave is inexcusable.
Sentencing for Peters is set for May 18. He faces a max of 20 years in prison, three years of supervised probation and a fine up to $250,000.