A California nun will plead guilty to swindling over $800,000 from the Catholic elementary school she ran to help pay for her gambling trips, federal prosecutors said.
Sister Mary Margaret Kreuper, 79, was charged Tuesday with wire fraud and money laundering for ripping off St. James Catholic School for a period of 10 years ending in September 2018, according to a press release from the US Attorney’s Office in the Central District of California.
Kreuper, who was the principal of the school for 28 years, agreed to plead guilty as part of a deal with prosecutors, the release said.
Kreuper used her position to funnel $835,339 of the school’s funds “to pay for expenses that the order would not have approved, much less paid for, including large gambling expenses incurred at casinos and certain credit card charges,” according to the plea agreement.
Sister Mary Margaret Kreuper admitted to falsifying the financial records at St. James Catholic School in