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Elementary school principal embezzles $150,000 in New Hampshire

A principal at a Catholic school in New Hampshire has come under fire for allegedly embezzling money from the elementary school. Reports indicate that she is being accused to taking around $150,000, and it took her four years to get that much.

Recent developments in the case show that the woman has now come to terms with the prosecution on a plea deal. She is expected to admit that she committed the crime in order to get the plea deal. She has put in the necessary paperwork with the court to show that this is her decision.

The terms of the plea deal will still require that she pays back the money that she took. Additionally, she will be given a prison sentence that is to run between five and 11 years.

Apparently, the woman was taking the money to pay debts that were not the school's, but hers alone. She was getting it by withdrawing it directly from the bank accounts, as well as using her position to write checks to herself from those accounts and then cashing the checks to access the money.

Since the charges are for a felony under New Hampshire law, if she had not gone with the plea deal and had been found guilty, she could have faced anywhere from 71/2 years to 15 years behind bars, and she could have gotten a fine of around $4,000.

Those who have been charged with theft and property crimes must know about all of their legal options, from going to court to using a plea deal, when determining what works best for them.

Source: Eagle-Tribune, "NH Catholic school principal to admit embezzling" Angel Jean Chiaramida, Nov. 10, 2014

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