The town’s auditor may serve as an expert witness for federal case related to more than $1 million in missing funds.
On this week’s podcast, reporter Dan Schwartz tells us what he’s learned since we last spoke about the alleged embezzlement in the Northeast Kingdom town.
Cynthia Diaz told a judge that she destroyed a thumb drive after she was ousted from her jobs with the town in June.
State and local prosecutors dropped the ball, as Cynthia Diaz allegedly embezzled unabated. Even now, charges have yet to be brought.
Cynthia Diaz, the former town clerk, had deposited the money in a personal account.
Selectboard members say they’ve learned from a bank that Cynthia Diaz opened an account and deposited three checks that represent proceeds from a tax sale.
Teachers were not paid on time and the IRS froze the Coventry Village school’s assets. Cynthia Diaz, who is accused of stealing $1M from the town of Coventry, was the school’s bookkeeper at the time.
Two state agencies investigated allegations that Cynthia Diaz stole money from people who gave her cash to register snowmobiles.
Several properties were sold last year to pay for back taxes owed to the town. Officials say former town clerk Cynthia Diaz, who is under investigation for embezzling $1.4 million from taxpayers, now has the money.
Cynthia Diaz is suing the town selectboard for violating open meeting laws.
About $1.4 million may be missing from the town’s bank accounts. And the town’s longtime treasurer may be about to lose her job.
Town Clerk Cynthia Diaz has been accused of embezzling $1.4 million from the town, but she remains in office. If she can’t obtain bonding for a new insurance policy she’ll be forced out.
Coventry, which is missing $870,000 in taxes, has placed an insurance claim with the Vermont League of Cities and Towns. That figure doesn’t include other fees the town clerk is required to collect. Up to $1.4 million could be unaccounted for.
Cynthia Diaz has been re-elected for years despite criminal probes and reports of missing money. Now voters have decided her job as delinquent tax collector should be an appointed one.