Indianapolis Foundation Wiped Out By Alleged Embezzler
"The Penrod Society, which grants money to local arts groups and puts on one of the city's best-known art fairs, has had all of its funds stolen, and the group believes it was an inside job. Police are investigating the theft of $380,000 from the organization. Penrod officials say it was embezzled by its former assistant treasurer." Indianapolis Star 12/30/08

Posted January 2, 2009 07:01 AM