Read the story here and here.
Update (7/20/10): Reardon pleaded guilty in a plea agreement, admitting that he stole some $216,000 from the Matthews County Volunteer Fire Department where he had been treasurer. Authorities believe Reardon made more than 100 unauthorized transactions and took $221,000 in misappropriated funds. The judge ordered him jailed.
Update (9/21/10): Reardon was sentenced to five years in prison yesterday for embezzling $221,000 from the Matthews County Volunteer Fire Department. He was also ordered to pay restitution of $216,000 at $1,000 per month.
1 comment:
He was indicted for just what was taken in 2009. He has been treasurer for 30 years!!!! He is also treasurer of several other civic groups, including the Masonic Lodge. I hope that it is a medical problem, like senility or a brain tumor, instead of greed. He seems to be a really nice man.
Organizations, make sure to have 2 signatures on your checks. Also, rotate the treasurer's position.
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