Police Investigate Possible Embezzlement of PTO Funds in Monroe

 Police have searched a Monroe home and seized computer equipment, as well as bank account statements, as they investigate the possible embezzlement of more than $10,000 from a parent teacher organization.

Authorities started investigating on March 18 when they received a complaint from administrators in the Monroe School District and members of the Stepney Elementary School PTO who reported discrepancies in the PTO bank accounts.

The bank statements school officials and PTO members turned over to Monroe Police detectives indicated personal and non-PTO withdrawals, police said.

Police said they have identified a “responsible person,” but have not released the person’s name.

Armed with a search and seizure warrant, police went to a home in Monroe and seized personal computer equipment and banking statements related to the PTO accounts, police said.

More search and seizure warrants were served at a bank for bank records and an audit will be conducted.

PTO members are questioning more than $10,000 in expenditures, but police have not determined how much might have been misappropriated.

Monroe Police Detectives said they are investigating “suspicious transactions” to determine whether there was embezzlement or whether the transactions were legitimate PTO business. The forensic audit is expected to take several months to complete.

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