ROCKVILLE, MD -- The Montgomery County Police have begun an investigation into the disappearance of $39,000 from the checking account of the Montgomery County Council of Parent-Teacher Associations (MCCPTA).
In a letter sent on Tuesday to its members, the MCCPTA said that an internal audit of the organization's finances discovered that between July 1, 2016 and March 31, 2017 $39,000 had been "improperly disbursed" from its checking account. It added that this "apparent theft" was "most likely by someone inside MCCPTA".
The audit was requested by the Board of Directors in March after questions were raised at meetings in February and March.
The MCCPTA added it audited its local member PTAs, the MCCPTA represents 192 local chapters, and ruled out the possibility that local membership funds were directly misappropriated.
The letter adds that the then-president of the MCCPTA filed a police report with the Montgomery County Police Department Financial Crimes Unit on April 10 and the organization is fully cooperating with the investigation. It has also begun reviewing its financial procedures.
A spokesperson for the Montgomery County Police Department said the Financial Crimes Unit is just beginning its investigation and could not give a timeframe for its completion. He added that at this time there are no suspects and no one has been charged.