Sometimes, we hear accounts of parent group leaders who didn’t set out to commit a crime, but instead thought maybe they could “borrow’’ a bit from the PTO till and then, before they knew it, they had lost control. Whatever the reason for stealing, it can devastate a group, financially, and even emotionally, until they can build themselves back up.
But parent groups can take a few simple steps to prevent embezzlement, including having someone other than the treasurer review the bank statements and checks each month, doing a yearly independent audit and considering bonding insurance. Check out the PTO Today video blog to get more details on this embezzlement prevent plan.
Also, this article on protecting your parent group has some great advice from groups that have their own embezzlement stories to tell.