PTO President indicted for missing money

JASPER, Tennessee (WDEF) – A grand jury has indicted the former president of the Jasper Elementary Parent Teacher Organization.

Amber Bailey faces a charge of theft over $2,500.

Investigators say she took at least $5,590 between May of 2017 and February of 2018.

They say made purchases, cashed PTO checks, and kept money from fundraisers.

Financial investigators also say she hid the thefts by not turning in PTO bank statements and other financial information.

“PTO’s are required by state law to establish procedures for accounting, controlling, and safeguarding funds,” said Comptroller Justin P. Wilson.

“In this situation, the former president had too much individual control over financial matters, and even had a second person sign PTO checks when they were blank.”

Eventually, the school system reported irregularities.

Marion County

 

Categories: Featured, Local News, Marion County

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