Find a list of your saved stories here

Audit: Worker stole $500K from schools, nonprofits


Save Story

Save stories to read later


Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

ALCOA, Tenn. (AP) — A state comptroller's audit found a former Alcoa City School District employee diverted nearly $500,000 from the district and two nonprofits where she served as treasurer.

According to the audit, the woman was responsible for managing the school district's federal funds. Using fraudulent invoices, she diverted money into accounts for the Tennessee Attendance Supervisors Steering Committee and the East Tennessee Attendance Supervisors Association. She then used the money to pay her mortgage; buy food, jewelry, clothing and iTunes songs; and invest in a local gym.

She also used the school district's credit cards for personal purchases and received reimbursement for 70 trips she did not take.

The audit does not name the woman, because she has not been indicted. The results of the investigation have been turned over to prosecutors.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent U.S. stories

Related topics

U.S.
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast