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Former Semmes finance director accused of embezzling money from McDonald’s

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Former Semmes finance director accused of embezzling money from McDonald’s

MOBILE, Ala. (WALA) – A former finance director for the City of Semmes has been arrested and charged with theft by deception and credit card fraud, according to jail records.

HEATHER DAVIS(Mobile County Metro Jail)

According to the Mobile County Sheriff’s Office, 48-year-old Heather Davis is accused of embezzling between $3,000 to $6,000 from her current employer, McDonald’s.

According to a post on the City of Semmes Facebook page from March 4, 2023, Davis began working for the city in February in 2023 as the finance director.

However, Semmes Mayor Brandon Van Hook told FOX10 News Davis has not worked for the city in over a year.

The Mobile County District Attorney’s Office said these charges do not stem from her position with the City of Semmes.

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Davis was also a former city clerk for the City of Satsuma.

Davis turned herself in today after a warrant for her arrest was issued, according to investigators.

Jail records show Davis has since been released on a $10,000 bond.

This is a developing story

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3 stocks to watch in 2026

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3 stocks to watch in 2026
Looking to add some new stocks to your portfolio? Gibbens Capital president and chief investment officer Mark Gibbens has three suggestions. Find out what they are in the video above. To watch more expert insights and analysis on the latest market action, check out more Market Domination.
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Hong Kong to boost tech and finance services integration amid AI boom: Paul Chan

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Hong Kong to boost tech and finance services integration amid AI boom: Paul Chan

Hong Kong’s finance chief has pledged to further integrate financial services with technology innovation to foster a thriving ecosystem, following a surge in investor interest in artificial intelligence-related stocks during the first trading day of the year.

Financial Secretary Paul Chan Mo-po on Sunday also emphasised Hong Kong’s role as an international capital market in fuelling the growth of frontier mainland Chinese tech firms with the city’s funding and liquidity.

“We welcome these enterprises to list and raise capital in Hong Kong and also encourage them to settle in the city to establish research and development (R&D) centres, transform their research outcomes, and set up advanced manufacturing facilities,” Chan said on his weekly blog.

“We support them in establishing regional or international headquarters in Hong Kong to reach international markets and strategically expand across Southeast Asia and the globe.”

The Hang Seng Index kicked off 2026 with a bang, surging over 700 points – a 2.8 per cent jump that marked its strongest opening since 2013.

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Innovation and technology giants spearheaded the rally, with the Hang Seng Tech Index soaring 4 per cent as investor appetite for AI-related stocks reached a fever pitch.

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