General News

California nun to plead guilty for stealing over $800Okay to help pay for gambling trips

A California nun will plead guilty to swindling over $800,000 from the Catholic elementary college she ran to help pay for her gambling trips, federal prosecutors mentioned.

Sister Mary Margaret Kreuper, 79, was charged Tuesday with wire fraud and cash laundering for ripping off St. James Catholic Faculty for a interval of 10 years ending in September 2018, in accordance to a press launch from the US Legal professional’s Workplace within the Central District of California.

Kreuper, who was the principal of the college for 28 years, agreed to plead guilty as a part of a cope with prosecutors, the discharge mentioned.

Kreuper used her place to funnel $835,339 of the college’s funds “to pay for bills that the order wouldn’t have authorised, a lot much less paid for, together with giant gambling bills incurred at casinos and sure bank card costs,” in accordance to the plea settlement.

Sister Mary Margaret Kreuper admitted to falsifying the financial records at St. James Catholic School in California.
Sister Mary Margaret Kreuper admitted to falsifying the monetary data at St. James Catholic Faculty in California.
MediaNews Group by way of Getty Photographs

The nun was in command of overseeing tuition cash, charges the college obtained and charitable donations, prosecutors mentioned.

She additionally managed the college’s credit score union accounts, which she used to divert different funds into that she would then use for the spending, in accordance to prosecutors.

Prosecutor mentioned she additionally admitted to falsifying the college’s monetary data.

She is due to be arraigned on July 1.

About the author

Donna Miller

Donna is one of the oldest contributors of Gruntstuff and she has a unique perspective with regards to Science which makes her write news from the Science field. She aims to empower the readers with the delivery of apt factual analysis of various news pieces from Science. Donna has 3.5 years of experience in news-based content creation, and she is now an expert at it. She loves journalism, and that is the reason, she moved from a web content writer to a News writer, and she is loving it. She is a fun-loving woman who has very good connections with every team member. She makes the working environment cheerful which improves the team’s work productivity.

Add Comment

Click here to post a comment