A former Clinton Community School District office manager pleaded guilty Wednesday to embezzling from the district and other schools. 37-year-old Denisa Babcock of Camanche now faces up to ten years in prison, a fine up to $250,000 and possibly restitution.
According to the U.S. Attorney's Office, Babcock admitted that from November 2005 to December 2009 she stole checks and cash belonging to the Clinton Community School District and deposited them into personal bank accounts for her own use. The investigation began last year when the school district discovered it was missing about $1.2 million.
In addition, officials say Babcock deposited $49,000 into her personal bank account that was collected from other school districts through her private E-rate business.
Authorities say Babcock used the stolen money to help pay off her home mortgage and personal student loans, fund retirement plans, and purchase a boat, vehicles, real property, and numerous personal items.
As part of the plea agreement, she will have to give up assets, money and property.
A sentencing date has not been set, but she goes back to federal court in August.
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