This in from the AP: A Bangor, Maine woman is in jail on a felony theft charge for embezzling $60,000 (maybe more) from a nonprofit that assists families with foster and adopted children.
Police arrested Katherine Ratliff, 39, after workers at Adoptive & Foster Families of Maine discovered discrepancies in the organizations accounts.
From a post on Deal W. Hudson's blog: 85 percent of Roman Catholic dioceses that responded had discovered embezzlement of church money in the last five years, with 11 percent reporting that more than $500,000 had been stolen.
Related Nonprofit Eye post:
2006 Nonprofit Hall of Shame
Technorati Tags: Charity, Fraud, Fraud Detection, Hall of Shame, Nonprofit