Monday, May 10, 2010

Clyde Hill, Washington PTSA exec charged with embezzlement

The former treasurer of a Bellevue-area school booster program has been charged with felony theft following allegations that he embezzled $63,000 from the parent-teacher association.

In charging documents, prosecutors claim James "David" Glass bilked the Chinook Middle School PTSA out of the money during the fall of 2009.
Glass, 52, literally drained the organization's bank account through cash withdrawals, as well as payments to his wife and company, a Clyde Hill police officer investigating the case told the court.
As PTSA treasurer, Glass had oversight over the organization's bank accounts, Officer Di Alexander said in court documents. The thefts became known only when the organization received a bank statement showing that an account that should have held $30,000 to $40,000 had dipped to $400.
Confronted by the board, Glass apologized, resigned and paid back the money, Alexander told the court.
"Glass said that he knew that taking the money from the PTSA account was wrong and illegal, because he investigates embezzling schemes for a living," Alexander told the court.
"He told the board that his financial situation had hit 'rock bottom' and that he intended to pay back the full amount missing once that amount was determined."
Charged with first-degree theft, Glass is scheduled to enter a plea May 19. He has not been jailed in the case.

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