• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Crime / Courts / Former Clinton schools employee accused of stealing $1.2 million

Former Clinton schools employee accused of stealing $1.2 million

September 24, 2010 By Matt Kelley

A former employee of the Clinton Community School District is accused in the theft of more than $1.2 million from the district. A report from State Auditor David Vaudt covers an investigation of the school district’s books between July 2005 and February of this year.

Auditors found over $1.2 million in undeposited collections, interest and improper disbursements. The district requested the state audit after discovering an alleged misappropriation of funds by the district’s former business office supervisor, 36-year-old Denisa Babcock. Earlier this week, Babcock was indicted on federal charges she stole at least $5,000 from Clinton Community Schools.

Vaudt says the misappropriation of funds includes 177 checks, collected by the district, but not deposited into the district’s bank accounts. Instead, Babcock deposited the checks into personal accounts or used checks to establish or add to a checking account and 30 certificates of deposit at five separate financial institutions.

The investigation found district officials were unaware of the accounts for which Babcock was the only authorized signer. Vaudt says the report has been filed with the FBI, as well as state and local law enforcement agencies.

Share this:

  • Facebook
  • Twitter

Filed Under: Crime / Courts, Education

Featured Stories

Testing finds 21 new CWD cases in deer

It may become a crime in Iowa to use fake urine in workplace drug tests

February trending 18 degrees below average temperature

Iowa House Education Committee votes to end tenure at UI, ISU, UNI

Man convicted of two Muscatine County murders dies in prison

TwitterFacebook
Tweets by RadioIowa

Key stretch begins for #9 Iowa

Drake’s Roman Penn lost for the season

Drake’s DeVries named to Naismith watch list

State wrestling opens with limited attendance

Iowa’s Wieskamp is B1G Player of the Week

More Sports

eNews and Updates

Enter your email address:

Delivered by FeedBurner

Archives

Copyright © 2021 ยท Learfield News & Ag, LLC