Charges filed after audit finds money missing (IN)

A former treasurer of a homeowners association has been charged with theft after an audit revealed more than $39,000 missing from the account.

Jennifer L. Schmid, 40, was charged after she admitted to the president of Surprise Park Improvement Association in Cedar Lake that she had taken money from the association’s bank account since 2012. She handed the president a check for $3,900 and told him she thought about $14,000 was missing, but had repaid $1,500 in March 2014 and $6,000 in February, the probable cause affidavit states.

An audit found $39,377 was stolen between June 2011 and December 2015, court records state. Schmid not only wrote 40 checks to herself totaling more than $13,000 but also wrote checks directly from the account to pay her mortgage, car loan, insurance, cell phone, cable and utility bills, records state.

Schmid was charged with theft, a Class C felony, which is punishable by two to eight years, and theft, a Level 6 felony punishable by six months to 30 months.