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Treasurer of Arizona county sued for embezzling $39 million over a 10 year period

No.1325857 View ViewReplyOriginalReport
NOGALES, Ariz. (KGUN) — According to a Santa Cruz County press release, the county sued former county treasurer Elizabeth Gutfahr for allegedly embezzling at least $39,412,000 over the course of a 10-year period.

The county was made aware of 11 fraudulent transactions in the amount of $375,000 each, each reported by the financial institution JPMorganChase. The findings prompted investigations from multiple agencies including the Federal Bureau of Justice, Department of Justice, and Santa Cruz County.

Cont'd:

https://www.kgun9.com/news/local-news/santa-cruz-county-news/former-santa-cruz-county-treasurer-sued-after-allegedly-embezzling-over-39-million