Mass. Town Official Charged In $500,000 Theft While On Probation

Some people just don't learn the lesson the first time. A pension manager in Maynard, Mass., faces felony theft charges for the second time in just months.

On Tuesday, Timothy McDaid (pictured, left) was charged with stealing $521,000 from the town's retirement fund -- a mere eight months after he pleaded guilty to stealing $177,000 from an autism charity. McDaid pleaded not guilty to stealing from the pension system, which he oversaw from 2007 until earlier this month, Boston-area TV station WFXT reports.