Woman Admits Stealing From Chamber

Woman Admits Stealing From Chamber Click to Enlarge Photo: Stearns County Jail

(KNSI) - A woman admitted to stealing nearly $35,000 from the Holdingford Chamber of Commerce.

Sarah Magdelena Schmidt, 34, pleaded guilty to two counts of theft by swindle for taking cash from the sale of raffle tickets.

A third count of theft by swindle will be dismissed at her sentencing on January 12th.

The Albany woman will be sentenced to 13 months in prison. The sentence will be stayed meaning she won’t spend any time in prison unless she violates the terms of her 10-year probation.

The judge ordered her to pay back all the money stolen from the chamber.

Schmidt admitted to taking $4,440 in 2014, $9,629 in 2015, and $20,876 in 2016, for a total of $34,945.

On March 6th, police began investigating a report of missing money from the Holdingford chamber’s charitable gaming account.

Police learned that Schmidt had been hired to be in charge of the account starting in 2013.

Starting in the fall in 2016 Schmidt started missing meetings.

When she would miss a meeting, she would send a text message to the chamber with what the account balance was.

After missing five straight meetings her position was eliminated in February of 2017.

Investigators say at that point the chamber’s treasurer was put in charge of the charitable gambling account and it was discovered that the account was missing money.

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