Tuesday, May 4, 2010

Michigan Municipal Treasurer Pleads No Contest To Embezzling More Than $300K

Margaret Frances Jorasz, 51, of Wilson, Michigan, pleaded no contest yesterday to charges she embezzled more than $308,000 from Harris Township, Michigan, where she had served as town treasurer. Authorities believe Jorasz' thefts lasted about 7 years, beginning in 2002 and continuing until August 2009, when she resigned after the scheme was discovered. Jorasz simply wrote herself checks from township property tax account, according to reports. Jorasz, who was arrested on March 17, 2010, faces up to 10 years in prison and has reportedly already paid the restitution of $308,000 in full. Sentencing is scheduled for June 7. We note that Jorasz' husband, Alex Jorasz Jr., is a trustee on the township board.

Read the story here, here and here.

Update (6/7/10): Jorasz was sentenced to six months in jail plus 18 months probation. She has reportedly paid in full the $308,049 she stole in restitution.

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