STAMFORD, Conn. -- The former treasurer of the Stamford Historical Society is accused of embezzling money from the group, police said.
Donald Huppert, 72, of of 63 Turn of River Road, was charged Monday with first-degree larceny. He was released on a promise to appear in court on March 23.
The accountant hired by the Historical Society to prepare its 2014 tax return discovered several suspicious withdrawals from the checking account, police said. The only person who distributes the group's checks was Huppert, police said.
The Historical Society's board of directors was notified, police said. The board started to do an internal audit and discovered that from August 2013 to December 2014 there was $20,100 in unauthorized cash withdrawals from the account, police said.
The board confronted Huppert, who said he planned to invest the money in his personal financial accounts to get a better return on the money, police said. Huppert was never authorized to remove money for any purpose other than Historical Society's bills and expenses, police said.
The Board of Directors notified police Friday, who immediately started an investigation and seized Huppert’s bank account, police said.
Huppert went to police headquarters and gave a voluntary statement, relaying that his intention was to invest the money, police said.
However, he admitted that at no time did he invest the money and, in fact, he spent the money that was taken from the Stamford Historical Society, police said.
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