Stephanie Olmsted, 42, was found guilty of one count of grand theft embezzlement by Judge John Salazar in Santa Cruz County Superior Court.
She was sentenced to 36 months of probation, 60 days in jail, 300 hours of community service and is required to repay all the money taken — $9,384.03 — plus several fines and fees totaling $350. The court recommended a work-release program for Olmsted. According to the sentencing, Olmsted is not allowed to possess financial documents that are not her own, and is required to report the conviction to any employer if the position includes handling money.
During the June 19 hearing, Olmsted provided a check for $9,300 to a representative from the school. The final $84.03 was still to be paid.
“We’re heartened that she did pay back the restitution,” said prosecutor Nicole Ellen Jones. “We could not have done this case without the cooperation of parents at the school and the Panther Club.”
According to court documents, Olmsted made more than 10 unauthorized withdrawals from the Cougar Club’s bank account at Union Bank while she was treasurer between October 2010 and August 2011. Also according to notes taken by the court, Olmsted was having health and psychological problems at the time.