Thousands of dollars stolen from Tippecanoe Valley School Corpor - Fox 28: South Bend, Elkhart IN News, Weather, Sports

Thousands of dollars stolen from Tippecanoe Valley School Corporation


A New investigation just released Wednesday shows Hundreds of thousands of dollars have been stolen from the Tippecanoe Valley School Corporation.  Police say It was all taken by a former  treasurer for the School Corporation who has since committed suicide.

Police say Sherri Adamson took her own life on January 7th. Before her death she was the treasurer for Tippecanoe Valley School Corporation from January 2010 to January 2013.  That's when the Indiana State Board of Accounts says during that time she stole over $200,000  from the School Corporation.

The Board of Accounts report says Adamson's estate now owes the Corporation 34,916.63  for undocumented checks and $244,140.00 for credit card charges.  On top of that the Board says they are also asking for reimbursement from Adamson's estate for the cost of doing the audit.  That cost is $28,149.55.

The Kosciusko County Sheriff's Department released the details of their investigation into the theft Wednesday.  They say they first became aware of the theft in January from the Plymouth Police Department.  On January 5th the Plymouth Police Department contacted the Kosciusko County Sheriff's Department about the possible theft from Tippecanoe Valley Schools.  The Plymouth Police Department had been alerted to the problem after Sherri Adamson reported her purse missing from a Wal-Mart.  She did that on December 30, 2012. 

Surveillance video showed a tan vehicle driving by Adamson's shopping cart and someone grabbing her purse.

Police were able track down the purse on January 3, 2013.  But it's what they found inside that sparked the investigation into the theft of school funds.  Police say they found four school checks written to and signed by Sherri Adamson.

The report says the superintendent told police Adamson should not have those checks.  And when the school and police confronted her she said it was all a mistake.  She then acted like she was going to the restroom but instead left the school corporation building.  Police chased her and later found her dead from a gunshot wound to the head in a field near her home.

Superintendent Brett Boggs told us Wednesday the only comment the corporation has right now is the same response they gave to the State Board of Accounts.  He told the board the corporation, "deeply regrets the circumstances leading to the emergency audit...following the death of the corporation treasurer."

To view the full report from the Indiana State Board of Accounts of the Superintendent's full response click here.  The Superintendent's response can be found on pages 9 and 10.


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