A nun who ran a Catholic elementary school in Torrance has agreed to plead guilty to stealing more than $835,000 in school funds
Mary Margaret Kreuper, 79, was charged Tuesday with one count of wire fraud and one count of money laundering, according to the U.S. attorney’s office for the Central District of California. A plea agreement was filed with the charging document.
“The community of faith at St. James was shocked and saddened by these actions and the parish, school and the archdiocese reported the matter and fully cooperated with authorities in the criminal investigation,” the archdiocese said in its statement.alerted parents in letters As principal, the statement said, Kreuper oversaw the school’s financial affairs and managed its bank accounts. She was a signatory on two accounts opened at a credit union in the 1980s and ‘90s — a savings account for the school and an account that was created to pay for the living expenses of nuns employed by the school.
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