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Nuns steal $500K from their Catholic school, Spent on casinos and trips

Nuns embezzle funds from their own school.

Two nuns from California embezzled $500,000 from their local school they worked at for many years and spent the money on vacations and gambling.

Bank statement show that Sister Mary Margaret Kreuper and Sister Lana Chang embezzled funds from St. James Catholic School in Torrance for at least a decade, the Press-Telegram reported last week.

Officials from the Archdiocese of Los Angeles told parents and alumni of the school that auditors have not been able to trace all of the money the nuns have spent.

Sister Mary Margaret Kreuper retired as the school’s principal earlier this school year. Kreuper managed the school’s fees withholding and depositing into an account she and Sister Chang had access to, the newspaper said.

Investigators discovered that the nuns did give some of the money back to the school, but most of the money was used on personal expenditures.

An attorney for the Archdiocese said the two nuns had histories in their expenditures of spending money at casinos and trips when reviewing their personal bank accounts.

Both nuns have recently apologies and said they plan to pay the school back full restitution.

 

 

Jeremy Spencer grew up in rural South Georgia and has served as a healthcare provider, high school science teacher, school administrator, and state education official. Jeremy is currently the market and content manager for All on Georgia-Camden and Glynn Counties. Jeremy’s focus is local news, statewide education issues, and statewide political commentary for the All on Georgia News Network. Jeremy has served as an education policy analyst for local legislators and state education leaders as well as a campaign strategist for local and statewide political campaigns. Jeremy holds degrees in science and education from the University of Georgia, Piedmont College, and Valdosta State University. Jeremy has lived in Camden County for over 17 years.

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