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Nun Who Ran Catholic School in California Will Plead Guilty to Federal Charges after Embezzling $835,000 Details Written by Imperial Valley News
Los Angeles, California - Federal prosecutors Tuesday filed charges against a now-retired nun who was the principal of a Catholic elementary school in Torrance and who has agreed to plead guilty to fraud and money laundering charges for stealing more than $835,000 in school funds to pay for personal expenses, including gambling trips.
Mary Margaret Kreuper, 79, of Los Angeles, was charged today with one count of wire fraud and one count of money laundering. In conjunction with the criminal information, prosecutors filed a plea agreement in which Kreuper agreed to plead guilty to the two charges that carry a maximum statutory penalty of 40 years in federal prison.
Retired nun to plead guilty to stealing $835K from Catholic school to finance gambling habit faceofmalawi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from faceofmalawi.com Daily Mail and Mail on Sunday newspapers.
Mary Margaret Kreuper, 79, agreed to plead guilty to one count of money laundering and one count of wire fraud. The federal charges carry a maximum prison term of 40 years.
Nun Stole $835K From School To Pay For Gambling Trips, Credit Card Charges By Joseph Patrick
on June 12 2021 9:16 PM A new US law has closed off a major avenue for global money laundering and tax evasion AFP / PEDRO PARDO
A 79-year-old retired nun who took a vow of poverty has agreed to plead guilty in federal court after stealing more than $800,000 from a California elementary school to pay for personal expenses and fund her gambling habit, prosecutors said.
Sister Mary Margaret Kreuper was charged Tuesday with one count of wire fraud and one count of money laundering and faces up to 40 years in federal prison, according to a statement from the office of the U.S. attorney for the Central District of California.