Clarence "Dean" Alford (born July 17, 1953) is a former Republican Party member of the Georgia General Assembly and convicted criminal.
It is alleged that Alford created fraudulent invoice acknowledgement forms, dated Sept. 24, to submit to Versant, a financial services company that buys accounts receivable at a discount, state officials said.
One document is alleged to have falsely asserted that the University of Georgia should pay Versant $487,982.88 to satisfy a debt owed to Alford’s own company, Allied Energy Services, LLC, located in Rockdale County.
Alford is alleged to have also perpetrated further receivables fraud involving Georgia Military College, Synovus and Inman Solar Inc. to obtain a total of about $2,200,000 for his Allied Energy Services company.
"[11] Alford was accused of using money he raised to make interest payments to earlier investors and for personal expenses, such as building a multi-million dollar home.