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|June 17, 2021|
Catholic nun admits stealing school funds
LOS ANGELES – (INT) – 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.
Mary Margaret Kreuper, 79, was accused of stealing more than $835,000 in school funds to pay for personal expenses, including gambling trips.
Under a plea agreement, Kreuper agreed to plead guilty to the two charges that carry a maximum statutory penalty of 40 years in federal prison.
For a period of 10 years ending in September 2018, Kreuper embezzled money from St. James Catholic School. She held the position as principal for 28 years.
Story Date: June 9, 2021