"The San Jose Police Department quietly posted an announcement on its website Monday stating that detectives were investigating Margie Thompson, chief financial officer of the Keith Kelley Club, after a volunteer alerted police in March to alleged discrepancies in the nonprofit's financial records. Thompson is the nonprofit's sole paid employee earning about $42,000 in 2024, double her 2020 compensation and has held titles including treasurer and office manager over more than 20 years with the organization, according to tax filings."
"Police said the SJPD Financial Crimes Unit found evidence showing that between January 2020 and January 2025, Thompson siphoned away about $43,000 from the nonprofit. Detectives secured a warrant for Thompson's arrest, police said. The department declined further comment, citing that the investigation is active and ongoing. Thompson could not be immediately reached by this news organization, and it was unclear Tuesday if Thompson had retained an attorney."
Margie Thompson, chief financial officer of the Keith Kelley Club, faces an arrest warrant after San Jose Police Department detectives began investigating following a volunteer's March alert about alleged discrepancies in the nonprofit's financial records. Thompson has been the nonprofit's sole paid employee and held titles including treasurer and office manager over more than 20 years. She earned about $42,000 in 2024, double her 2020 compensation. The SJPD Financial Crimes Unit alleges Thompson siphoned about $43,000 from the organization between January 2020 and January 2025. The organization operated in the black in 2020 but posted deficits each year afterward, drawing on reserves while contributions averaged roughly $114,000 annually. The department declined further comment because the investigation remains active.
Read at www.mercurynews.com
Unable to calculate read time
Collection
[
|
...
]