Steven "Steve" Patrick Atwood, 41, of Adams County, Colorado, was ordered to pay restitution of $91,000 in addition to the $13,000 already paid back to the Adams 12 School District where he had been employed as athletic director. Atwood, who was originally arrested in December 2009, pleaded guilty to embezzlement charges last August. He received a 90 day work-release sentence and 7 years of probation. According to reports, Atwood stole at least $190,000 from the school district. Atwood was described as a "once a local hero and legend" in sports who returned to his school to coach and become athletic director.FraudTalk is a blog focused on the review and discussion of recent significant cases of fraud, corruption and employee misconduct - particularly major embezzlement cases in the US. Fraud Talk is published by Chris Marquet, Chairman & CEO of Marquet International Ltd., an international investigations, litigation support and due diligence firm.
Thursday, January 6, 2011
Former Colorado School District Athletics Director Ordered To Pay Restitution In $190K Embezzlement Case
Steven "Steve" Patrick Atwood, 41, of Adams County, Colorado, was ordered to pay restitution of $91,000 in addition to the $13,000 already paid back to the Adams 12 School District where he had been employed as athletic director. Atwood, who was originally arrested in December 2009, pleaded guilty to embezzlement charges last August. He received a 90 day work-release sentence and 7 years of probation. According to reports, Atwood stole at least $190,000 from the school district. Atwood was described as a "once a local hero and legend" in sports who returned to his school to coach and become athletic director.
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