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Accountant stole more than $1 million from school

  

Category:  Other

Via:  nona62  •  9 years ago  •  15 comments

Accountant stole more than $1 million from school

School accountants are supposed to help schools save money and monitor their cash flow, but a former California school accountant was doing the exact opposite -- by stealing it.

"Authorities say Judith Oakes stole nearly $2 million over a four-year period," ABC anchor Amy Robach says.

Oakes was arrested in 2013, and in December 2014 she pleaded guilty to stealing the funds. Her sentencing came down Thursday.

It's almost unbelievable -- she stole the money gradually from the Rialto Unified School District by shoving it in her purse and bra. And actually, the San Bernardino County Sun says she might have stolen more, but only $1.8 million is being accounted for:

"The statute of limitations kept Oakes -- who was an [accountant] for the district's nutrition services department -- from being charged with stealing the full amount."

Oakes was sentenced to five years in jail as part of a plea deal .

The 50-year-old was arrested after the school district ran an audit. KCAL called the sentencing "judgment day," and the school's associate superintendent had harsh words as well:

"We are dealing with a more insidious, lingering harm, which is the potential loss of faith in the district and public education in general," Rialto Unified School District Associate Superintendent Thomas Haldorsen says.

Oakes has already paid about $339,000. Sixty days after her release, she'll have to start making payments of $150 per month toward the rest of that $1.8 million. At that rate, it will take her more than 800 years to repay the total amount.

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Nona62
Professor Silent
link   seeder  Nona62    9 years ago

Oakes was sentenced to five years in jail as part of a plea deal .

The 50-year-old was arrested after the school district ran an audit. KCAL called the sentencing "judgment day," and the school's associate superintendent had harsh words as well:

 
 
 
Nona62
Professor Silent
link   seeder  Nona62    9 years ago

she'll have to start making payments of $150 per month toward the rest of that $1.8 million. At that rate, it will take her more than 800 years to repay the total amount. This is ridiculous!

 
 
 
Kavika
Professor Principal
link   Kavika     9 years ago

What a scumbag. They should take every damn thing that she owns. $150 a month, WTH

 
 
 
Nona62
Professor Silent
link   seeder  Nona62    9 years ago

.$150 a month...pfft..that's nothing!

 
 
 
Nona62
Professor Silent
link   seeder  Nona62    9 years ago

This happened in California, it sounds like something that would have happened in Florida....

 
 
 
Petey Coober
Freshman Silent
link   Petey Coober    9 years ago

Oakes has already paid about $339,000. Sixty days after her release, she'll have to start making payments of $150 per month toward the rest of that $1.8 million. At that rate, it will take her more than 800 years to repay the total amount.

Yup , she's an accountant ! With good behavior she'll be out in 2 years . $1.8 mill - $339,000 leaves quite a haul of booty . $150 / month is a ridiculously low repayment schedule . How did she get such a great deal ? And what happens if she just leaves the country after she gets out ?!

 
 
 
Nona62
Professor Silent
link   seeder  Nona62    9 years ago

And what happens if she just leaves the country after she gets out ? The school is screwed.

 
 
 
deepwater don
Freshman Silent
link   deepwater don    9 years ago

Would have been less surprised if it had happened south of the Mason-Dixon line. Hope her cell mate is someone with a third grade education. What a scumbag!

 
 
 
Nona62
Professor Silent
link   seeder  Nona62    9 years ago

It has happened before and will surely happen again somewhere. I have no doubt that it will.

 
 
 
Nona62
Professor Silent
link   seeder  Nona62    9 years ago

What a scumbag! She gets 5 years in jail as part ofa plea bargain...pfft..

 
 
 
Petey Coober
Freshman Silent
link   Petey Coober    9 years ago

Did you ever suspect she might have paid off the judge ?

 
 
 
Nona62
Professor Silent
link   seeder  Nona62    9 years ago

mmm...Interesting, I never thought of that. It's very possible that she may have.

 
 

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