More than $39 Mil in missing tax dollars, says Santa Cruz Co. lawsuit

Craig Smith News

More than $39 Mil in missing tax dollars, says Santa Cruz Co. lawsuit
Elizabeth GurfahrFBIKGUN9
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Craig Smith is KGUN 9's Southeast side reporter. Send your story ideas to Craig at [email protected].

Santa Cruz County is suing its former County Treasurer on a claim that she embezzled millions of dollars. Now a court order just took away Elizabeth Gutfahr’s control of her assets so she can’t conceal them.More than 39 million dollars missing. That’ll get your attention won’t it? That’s what Santa Cruz County says it is missing as a result of actions by a now resigned County Treasurer so it’s suing to try to get that money back, with triple damages.

”Santa Cruz County says Gutfahr used a complex series of false financial reports and transactions to hide 181 transfers of more than 39 million dollars to companies she controls.The County's lawyers say she kept the state auditor from getting wise by avoiding transfers in months when the auditor was more likely to track transactions.While Santa Cruz County sues in Civil court, the County’s lawyers say the FBI is investigating a possible criminal case.

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