Question: Stolen Money - next steps

What steps can I or do I need to take when I found out a parent stole over $2000.00?

Asked by Anonymous

Answers:

Advice from PTO Today

Craig writes:
You should report it to the police. That's a serious situation and should be dealt with by law enforcement.

Advice from PTO Today

Craig writes:
One more thing. If the money was stolen from the PTO, you should notify your insurance company. Also, implement some financial controls if you don't have them in place already -- two signers on checks, someone other than the treasurer reviewing the bank statements, etc. Here's an article on 5 Smart Financial Controls that will help. -- Craig