A 52-year-old Maxville woman has been charged with fraud by Kingston police after she allegedly misappropriated over $600,000 from her employer after two local charities suffered huge losses while she acted as their secretary-treasurer.
Police say that the accused, who was not named, acted as comptroller for a Kingston business. During this time the accused sat on the boards of two charities located in Maxville.
Due to errors on her part, both charities incurred huge debts while the accused acted as the secretary treasurer, police say.
In an effort to keep the charities from falling into serious arrears the accused used her position as comptroller and began funneling money from her Kingston employer. Over the next three years the accused transferred just over $600,000 from the business into the bank accounts of both charities.
In December, 2017 the matter was reported to police and detectives with the Kingston Police Fraud Unit began an investigation. It was determined some of the funds misappropriated by the accused to the charities were used to cover the expenses the accused incurred through her role as secretary treasurer.
On March 11, detectives arrested the accused at her address in Maxville. The accused was transported to Kingston police headquarters where she was later released with a future court date.