WZTV - Search Results

The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

Audit: Worker Stole $500K from Schools, Nonprofits

Stream WZTV Fox 17 Newscasts LIVE starting with Fox 17 This Morning at 5am and News at 9pm.

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 2014 The Associated Press.

Follow us on Twitter @wztv_fox17 and LIKE us on Facebook for updates.