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PACE, Fla. (WKRG) — A Pace man, who is a former labor union treasurer, has been indicted on fraud and embezzlement charges, News 5 has learned.
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According to a Department of Justice news release, 40-year-old Clarence Penny was indicted on eight counts of bank fraud, one count of embezzlement of labor union funds, and three counts of falsification of labor union reports.
Penny’s jury trial has been scheduled for April 16, 2026.
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According to the release, if he is convicted, he could face up to 30 years in prison for each bank fraud count, five years for the embezzlement charge, and one year for each count of falsification of labor union reports…