Growth Strategies

Ex-School CFO May Get Lesson in Justice

The one-time high school finance chief allegedly stole $118,000.
Stephen TaubDecember 18, 2007

A former CFO at a New York City parochial school has been charged with stealing nearly $120,000.

Keith Martin, who worked at Monsignor Scanlon High School, was accused of grand larceny and criminal possession of stolen property, the Bronx district attorney announced. He faces up to 15 years in prison.

Martin allegedly used a Business Visa Card issued to the school to purchase jewelry, clothing, meals, vacations, and other things for his personal use. These purchases totaled almost $80,000, according to the district attorney. In addition, Martin was said to have named himself as the payee on 28 checks totaling more than $38,000 drawn on the school’s bank account. The alleged thefts took place from July 2000 through December 2004.

Drive Business Strategy and Growth

Drive Business Strategy and Growth

Learn how NetSuite Financial Management allows you to quickly and easily model what-if scenarios and generate reports.

According to Jordan Copeland, Martin’s Legal Aid attorney, Martin has not worked at the school for three years since being laid off, which Copeland said had nothing to do with the theft accusations. He declined to make further comments.

Understanding Which ERP Modules Your Business Needs – And When