The town treasurer of Little Chute, Wisconsin has been arrested for allegedly embezzling over $294,000 from the town’s coffers. The treasurer, identified as a 58-year-old woman, has been charged with theft in a business setting and faces up to 10 years in prison if convicted. The alleged thefts were discovered during a routine audit of the town’s finances, which revealed discrepancies in the treasurer’s accounts over the past 5 years.
The treasurer, who has since been terminated from her position, is accused of diverting town funds into her personal bank account through unauthorized transfers and fraudulent checks. The missing funds were used for personal expenses, including travel, shopping, and dining out.
The town officials have expressed shock and disappointment at the discovery of the alleged embezzlement and have vowed to take steps to prevent such incidents in the future. The case is currently under investigation by the local authorities and the treasurer is scheduled to appear in court to face the charges. The town is working to recover the stolen funds and ensure accountability in its financial management practices.
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