Friday, February 13, 2009
Former California School Official Sentenced In $200K Embezzlement Scheme
Ralph Peters, 48, of Clovis, California, was sentenced yesterday to one year in prison for embezzling some $234,000 from the Fresno Unified School District, for which he had served as a "budget technician" for more than 10 years. According to prosecutors, Peters forged purchase orders to buy books, supplies and other items for his personal benefit and in some cases, sold the items to others. According to the complaint, the thefts occurred between July 1997 and October 2005. Peters reportedly admitted the thefts when they were uncovered by a co-worker and signed a confession. He plead no contest to a single felony count of grand theft and must also make restitution in the amount of $196,000.
Watch the video here.