Official Of Former Village Accused Of Stealing $117,000

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An official of a now-defunct Oswego County village is accused of stealing more than $117,000 in public funds.

According to state Comptroller Thomas DiNapoli, former Altmar Clerk-Treasurer Margaret Bailey was arrested Tuesday and charged with felony counts of grand larceny and falsifying business records.

The village of Altmar was officially dissolved in June. The missing funds were discovered when town of Albion officials asked state auditors for help obtaining financial information from the village's records.

Bailey is accused of writing herself checks, pocketing cash, going on spending sprees, "even going as far as doubling her own salary without detection," DiNapoli said in a release.

Auditors found she allegedly wrote herself $106,000 in checks and pocketed $9,000 in cash from property tax payments, permit fee.s and the sale of a village vehicle.

She's also accused of not paying her own property taxes in 2010, 2011 and 2012.

See the full news release.

See the audit report.

Monday, November 24, 2014
, Watertown, NY

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