Comptroller: Former neighborhood nonprofit finance director indicted for theft of around $100,000 | WJHL
2 min readJOHNSON Town, Tenn. (WJHL) — The former finance director for a nonprofit that provides support to homeless citizens in Northeast Tennessee is experiencing a multi-depend indictment after investigators found out she stole at least $119,582.
Tennessee Comptroller investigators alongside with the U.S. Section of Housing and Urban Progress discovered that Julie Beale, the previous finance director for the Appalachian Regional Coalition on Homelessness (ARCH), misappropriated the nonprofit’s resources between November 2013 and March 2018.
The press launch stated the subsequent:
- Julie Beale and her spouse, Sam Beale, misappropriated $75,630.06 by generating 150 ARCH payments to Sam for get the job done he did not carry out. He worked as ARCH’s intermittent routine maintenance provider during his wife’s tenure at ARCH.
- Julie Beale issued fraudulent ARCH payments to herself totaling $32,937.43.
- Julie Beale issued $5,081.69 in fraudulent ARCH payments to spouse and children associates.
- Julie Beale applied ARCH funds to pay out hire on her individual residence totaling $3,375.
- Julie Beale utilized the ARCH debit card to make a overall of $2,183.47 in unauthorized and own costs.
- Julie Beale issued a fraudulent ARCH test to pay back a private $375 financial debt.
Photo courtesy: Washington County, Tennessee Sheriff’s Office environment
Investigators located that Beale used wrong signatures to checks, manufactured false entries into ARCH’s accounting data and designed untrue invoices.
She resigned her place with ARCH on March 2, 2018.
In July 2021, the Washington County Grand Jury indicted Beale on a person count of theft above $60,000, a person depend of conspiracy to dedicate theft over $60,000 and revenue laundering.
Her husband was indicted on one particular rely of theft over $60,000, 1 count of conspiracy to dedicate theft in excess of $60,000, one rely of money exploitation of an aged or vulnerable person and one count of theft about $2,500.
“This scenario underscores the significance of not giving sole handle of financial functions to a single human being,” mentioned Comptroller Jason Mumpower. “Separating essential fiscal responsibilities and delivering greater oversight allows to lessen the threat that fraud will go undetected.”
To see the complete investigative report, Click on Here.
