Industry Noize: Temple Missing $450K

More than $450,000 disappeared from the coffers of the Temple Civic Theatre in Texas over the past six years, and police are trying to find out what happened to it.

Theater board president Jody Donaldson told the Temple Daily Telegram the community theatre board’s members first noticed the discrepancy in the spring when their checking account plummeted $25,000 in a single month.

No charges have been filed and Donaldson says an FBI forensic accounting team in San Antonio is helping with the investigation that could take up to a year.

Donaldson says while procedure called for two signatures on any checks, board members and officers changed every year.

Otherwise, only a former business manager had online access to the account. He says some debit card cash withdrawals were made at an Oklahoma casino.

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