Nun Pleads Responsible To Stealing $835K From Catholic College To Fund Playing Behavior
A nun in California pled responsible in a US District Court docket after being accused of stealing greater than $835,000 from a Catholic college to fund her playing habits.
Sister Mary Margaret Kreuper was going through one depend of wire fraud and one depend of cash laundering, in accordance with a report from the New York Put up. The 79-year-old entered a responsible plea on Tuesday as a part of a take care of prosecutors within the Central District of California.
Kreuper used her place as principal of St. James Catholic College in Torrance to embezzle $835,339 from the college. She used the funds to “pay for bills that the order wouldn’t have accredited, a lot much less paid for, together with giant playing bills incurred at casinos and sure bank card prices,” in accordance with court docket paperwork.
She served as the college’s principal for 28 years and ran the rip-off for a 10-year interval between 2008-2018. Kreuper retired in 2018.
As principal, Kreuper was chargeable for charitable donations, in addition to funds obtained to cowl tuition prices and different charges. She was in command of a number of accounts at an area credit score union that have been used as a financial savings account for the college and one other that paid for the residing bills of all of the nuns employed by it.
She reportedly diverted college funds into the 2 accounts on the credit score union, whereas diverting money to pay for her journeys to Las Vegas casinos.
Kreuper is due again in court docket to be arraigned on July 1.