Stephen Philpott, former head of animal charity the USPCA who was arrested by detectives investigating allegations of fraud, has been charged.
Mr Philpott is charged with two counts of fraud by abuse of position, conspiracy to commit fraud by false representation, possessing criminal property and concealing criminal property.
He is expected to appear before Newry Magistrates Court next Wednesday.
A 52-year-old woman also arrested as part of the investigation has been released pending a report to the PPS.
The former USPCA chief executive was sacked by the charity earlier this year for gross misconduct.
Mr Philpott (53), who earned a salary of more than £80,000, was dismissed following an internal investigation into the management of the organisation he had headed for more than a decade.
As one of the most high-profile local charity bosses, he appeared regularly on the media to talk about animal cruelty issues.