In late April a long investigatory and legal process involving Jeremiah Quarles, the former CEO of the DeSoto Economic Development Corporation (DEDC) came to a close. Mr. Quarles entered a guilty plea to misdemeanor theft, received two years’ probation, and was ordered to pay restitution to the DEDC in the amount of $9,073.08.
City of DeSoto management fully cooperated with this investigation and our officials worked closely with multiple prosecutors to assist their efforts and to protect the integrity of this case. We strongly supported the decision to bring in a Special Prosecutor from outside of Dallas County and worked closely with that prosecutor to help him put forth the strongest case.
Our efforts to assist included consideration of conducting a forensic financial audit, but we were told by the Special Prosecutor that such an audit was not necessary. The Special Prosecutor added that if he ever felt it was needed, that he would use his own personnel to conduct it.
Once financial irregularities were discovered at the DEDC, the City worked closely with them to introduce financial safeguards over income and disbursal. Strict sign off protocols were implemented and the DEDC adopted the City’s stringent policies concerning purchase card usage.
We realize that this has been a difficult ordeal for our city and would like to thank all of the people who worked to resolve it. This includes the Dallas County District Attorney’s Office, the Special Prosecutor from Tarrant County, and all of the law enforcement and City officials who spent long hours on this case.
We will continue to do everything that we can to best serve our residents and will work hard to earn and maintain their trust.