Who is Mary Margaret Kreuper?
Mary Margaret Kreuper is a now-retired nun and a Los Angeles resident who was reportedly charged with one count of wire fraud and one count of money laundering on Tuesday, June 8. She has agreed to plead guilty to the charges for embezzling more than $835,000 from the funds of St. James Catholic School where she served as principal a couple of years ago, to pay for her personal expenses.
These also include her gambling trips, revealed federal prosecutors.
Sister Mary Margaret Kreuper had taken a vow of povertyhttps://t.co/pGfuusqkQA
— TheBlaze (@theblaze) June 9, 2021
Sister Mary Margaret Kreuper
Kreuper was the principal of the elementary school for 28 years. While at the organization, she was responsible for the money the school received to pay for tuition and fees as well as charitable donations. Kreuper controlled accounts at a credit union, including a savings account for the school and one established to pay the living expenses of the nuns employed by the school, according to the US Attorney’s Office, California.
Kreuper, as a nun, had taken a vow of poverty and diverted school funds into the St. James Convent Account and the St. James Savings Account.
How old was Mary Margaret Kreuper?
Mary Margaret Kreuper is 79 years old as of the year 2021.
Sr Mary Margaret Kreuper
Kreuper is also accused of directing St. James School employees to alter and destroy financial records during a school audit. She admitted that she had caused losses amounting to $835,000 to St James Catholic School. She will appear for an arraignment at the United States District Court on July 1.
The investigation into this matter is being conducted by the Torrance Police Department, the FBI, and IRS Criminal Investigation.
Mary Margaret Kreuper and Lana chang
According to Press-Telegram, the embezzlement scandal also involves Sister Lana Chang who taught eighth-grade students at the elementary school came to light after a routine audit of procedures that were conducted ahead of Kreuper’s retirement.
The revelation came as a rude shock to parents who were led to believe that school was struggling to stay afloat because of a lack of funds.
Church monsignor Michael Myers addressed a crowd of a few hundred people saying the archdiocese had launched an investigation into the matter after Kreuper became “very nervous and very anxious” about her financial review and asked for records to be altered.
Chang and Kreuper’s scheme was exposed after an internal auditor confirmed the church’s suspicions.
Myers said both the nuns had confessed to their crimes.
He wrote, “Sister Mary Margaret and Sister Lana have expressed to me and asked that I convey to you, the deep remorse they each feel for their actions and ask for your forgiveness and prayers. They and their Order pray that you have not lost trust or faith in the educators and administrators of the school.”
The Sisters of St. Joseph of Carondelet to which the Chang and Kreuper belonged had released a statement after their scheme came to light in 2018.
“The Sisters have confirmed the misappropriation of funds and have cooperated in the investigation.”