A retired nun from Los Angeles has agreed to plead guilty on federal charges for stealing $835,000 from a Catholic school to help her pay for a gambling habit.
Mary Margaret Kreuper, 79, was charged with wire fraud and money laundering. For over a decade the nun embezzled about $835,000 in donations, tuition, and fee money from St. James Catholic School in the LA suburb of Torrance.
Kreuper was actually the school principal for 28 years and “controlled accounts at a credit union, including a savings account for the school and one established to pay the living expenses of the nuns employed by the school.”
She could face up to 40 years in federal prison!