A bankrupt FBI agent has been accused in a federal charge of embezzling $43,190 in public funds that he was supposed to give confidential informants for tips on criminal activities.
Timothy A. Klotz, 45, of Yukon, acknowledged in a signed statement that he falsified 66 receipts during a scheme that went undiscovered for more than four years.
“Mr. Klotz has cooperated fully with any and all investigations,” his attorney, Michael Johnson, said. “He has taken full responsibility from the very beginning for any of his actions that have caused any losses or harm.”
Klotz reported Jan. 30 in his bankruptcy petition that he had $11,000 in gambling losses over the past year. His attorney said of the gambling, “It had nothing to do with it, not even related.”
Klotz was charged last week in Oklahoma City federal court with embezzlement of public money. He has agreed to plead guilty to the felony charge, according to the signed statement. A hearing is scheduled for next week.
Klotz is assigned to the FBI's Oklahoma City office.
He was suspended without pay on Jan. 10. He has been a special agent for more than 15 years.
He was involved in classified, counterintelligence investigations.
Klotz listed $163,764 in assets but $255,722 in liabilities in his bankruptcy case.
He reported making more than $123,000 in income from his FBI job last year.
In dealings with informants, an FBI agent is supposed to take along another agent or government official to verify payments. Both agents are supposed to sign a receipt.
Klotz is accused of forging signatures of FBI agents or U.S. Air Force special investigators on the 66 false receipts.