According to the News Times, Colley, 58, turned himself i nto police and was released on a $30,000 bond Thursday, Sept. 24. Colley had been charged earlier this year with second-degree larceny and third-degree forgery. He was accused of receiving reimbursement for iPads that had never been purchased.
Police allege that Colley took more than $53,000 from school funds, the News Times reports.
Each of the larceny charges carries a maximum sentence of 20 years in prison and each forgery charge carries a minimum sentence of five years in prison.
Elizabeth Kerekes, Colley‘s former assistant, was also charged that same week with first-degree larceny and conspiracy to commit larceny, the News Times reports.
The arrests ended a months=long police investigation into both Colley and Kerekes, who worked together in the school business office. The investigation began after a forensic audit found $124,000 in questionable spending.
For the full story, go to the News Times article here.
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