JACKSON, Tennessee (WDEF) – Another volunteer treasurer has been arrested for stealing from schools after a Tennessee Comptroller’s Office investigation.
This time, a former treasurer in Jackson has been indicted for missing funds.
Charity (Maddox) Baxter kept the money for the Madison Academic High School’s women’s basketball team.
The school reported missing funds to the state.
Their audit accused Baxter of stealing at least $7,582.94 from the club between April 2017 and June 2019.
Investigators say she did it by withdrawing money from the account 14 times with bank counter checks.
The amounts varied from $75 to $1,669.
Then she hid the withdrawals by changing the club’s account address from the school to a personal P.O. box.
And she submitted an altered money order to make them look legitimate.
When investigators confronted her, they say she admitted to using the club funds for her own benefit.
The booster club has been dissolved and now Baker has been indicted for theft.
“All booster club officials must ensure they take time to review and reconcile bank statements. This helps verify that all disbursements are recorded and used correctly,” said Comptroller Jason Mumpower. “We appreciate that Jackson Madison County school officials brought this case to our attention and are taking action to prevent future problems.”
Last week, the state reported the indictment of a PTO treasurer in Tellico Plains for theft.