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Ex-Speedway fire chief pleads guilty to theft

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The former chief of the Speedway Fire Department pleaded guilty Monday to stealing nearly $60,000 from the town.

Former chief Mark Watson was charged earlier this month with theft and criminal misconduct for allegedly stealing $58,093.

MOREEx-Speedway fire chief Mark Watson criminally charged

Watson was accused of opening personal bank accounts and depositing tens of thousands of dollars intended for fire department use in them. He also allegedly put $7,000 worth of personal expenses on town credit cards, including the purchase of a gun, a TV and a grill.

Watson pleaded guilty Monday to theft and official misconduct, both felonies. As part of his plea agreement, Watson has already repaid the full amount to the town of Speedway, and will also pay restitution to the State Board of Accounts for costs associated with the audit conducted by the agency.

He was sentenced to 730 days in jail, with 728 suspended to probation.