Former Fort Worth police sergeant accused of embezzling thousands from benevolent fund
A retired Fort Worth police sergeant has been indicted on a charge of embezzling money from the Fort Worth Benevolent Association while he was a treasurer of the group, according to court documents.
Michael Lynn Cagle, 53, is accused of embezzling between $30,000 and $150,000 from the fund starting in July 2015, according to the indictment on Nov. 19. He was released on $5,000 bond.
The association helps Fort Worth officers by providing death benefits to families of officers who died in the line of duty or were a victim of an accidental health while off duty. It also provides financial assistance to those who need help because of illnesses or other unexpected circumstances.
Cagle was last listed as a treasurer for the association during its October 2019 meeting. He retired from the department in May 2020.
According to the group’s 2020 financial report, it had an income of more than $203,000, paid out $115,000 in death benefits and its total assets were more than $1.5 million.
This story was originally published December 14, 2020 at 1:38 PM.
