Ben Lomond woman guilty of embezzlement
by Peter Burke
Jun 28, 2012 | 3373 views | 24 24 comments | 30 30 recommendations | email to a friend | print
The former treasurer of San Lorenzo Valley Middle School’s Panther Club fundraising organization was convicted on June 19 of embezzling more than $9,300 from the club.

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.

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Valley Resident
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July 06, 2012
Gosh, all I hope is that NONE of you folks which are finding her actions just fine because she's "such a nice person" EVER come into my store or work for me. It is obvious that you have no moral values. Someone who is "such a nice person" doesn't STEAL from our children in a financially strapped district (by the way, all the same year/season where they were traveling to expensive places like Tahoe. Someone who is such a "nice person" doesn't wait and pay back the money until they were aware they were facing jail time. If someone else had done this , someone without all the apparent networking within the county, you'd be getting all your pitchforks and chasing them to the jail cells. Hypocrites among us........... I hope she sits in a cell and thinks about what a "nice person" she is.
Professor Pat
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July 08, 2012
And to top it off, during this time she walked off with $5K worth of freebies from the "Ellen" show according to other posters...
KF of the SLV
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July 04, 2012


I absolutely adore Stephanie and her family. None of us know what went through her mind or the circumstances that led to her taking this money. That is between Stephanie, her family and the courts.

I'm proud to live in the SLV and be a part of this community. However, those who have your noses so far up in the air as to not be able to smell your own stink need a serious slap of reality. None of us are perfect and we all stumble in life and make mistakes. It is only that our mistakes are not broadcast upon the community in such a blatant regard for you all to cast your stabby words over.

Stephanie has paid the money back. She has had her day in court and justice has deemed she does x amount of time, x amount of probation and that she work in a career that does not involve financial disclosure.

Now quit casting your hate filled rhetoric and get on with living your own lives.
Professor Pat
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July 04, 2012
Oh I think anyone with a modicum of intelligence could ascertain "what went through her mind," and it can be summed up in one word: greed.
Stehpanies friend
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July 05, 2012
There are some people in this valley that seem to think they are better than others. We all make mistakes but they don't define who we are. Stephanie is one of the best people I know. I have really gotten to know the Olmsted family over the years and what I can say is they are one of the best family I have ever known. They have family values that a lot of people who talk crap don't have. If the people who are talking crap had their mistake in the newspaper they would be horrified. If you really are a caring person at this point you would be more concerned that she's O.K.
Mother Tucker
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July 08, 2012
I, too, am proud to live in this community and feel privileged to call it home. Your comment, though, about people not being "able to smell your own stink" is completely off the mark in this context. It is ironic that you would first use, and then condemn, the kind of "hate filled rhetoric" that you allude to in your last sentence.

In regards to people making mistakes, you bet. All of us have made them in one way or another. But what's the true definition of a mistake?

"A wrong judgment; misunderstanding; a wrong action or statement proceeding from faulty judgment, inadequate knowledge, or inattention."

So what kind of mistakes do people make on a regular basis? You grab 1% milk from the cold case instead of 2%. You change lanes without fully looking over your shoulder and narrowly miss hitting the car beside you. You forget to put the new coversheet on the TPS report, even though you got the memo.

Those are mistakes. The actions that Stephanie took were not mistakes. Those were calculated, planned actions that occurred 10 times over a 10-month period. Accidentally depositing monies from a fundraising event into the wrong account ONCE is a mistake. Intentionally withdrawing funds 10 times in 10 months is not a mistake. She was given repeated opportunities to confess, pay the money back and be given a virtual pass by the rest of the parents in the Club to quietly move onward. She chose not to. THAT was a mistake.

When a mistake becomes a crime, it deserves to be broadcast amongst the community. That information is critical for future decision-making. Stephanie will never again be able to have her hands in a pot of money that doesn't belong to her, and that may not have come to light otherwise.

And I agree--we don't know what through her mind or the circumstances that led to her taking this money. But I strongly disagree that it is between Stephanie, her family and the courts. She took money that parents like me have been donating to the middle school for years (five for me). That makes it entirely my business.

See? It is possible to make a valid point without casting "hate filled rhetoric."

Mark Mullins
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July 03, 2012
My only problem with anyone posting their opinion whether it be to support or criticize someone is that they do not have enough belief in their own being to post their real name. It is unfortunate that this occurred and the consequences have been given, so we all must move on and believe what we choose to believe.
Professor Pat
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July 09, 2012
Great post, "Mother Tucker"--sums it all up perfectly.
Billy Mullins
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July 03, 2012
To all the people who are talking crap about Stephanie Olmsted, get a life. I've known Stephanie for a long time and she is a GREAT person! I love her so much and she has always been another Mom figure to me. If she did it or not isn't the question anymore. Everyone is past that now and the money is paid back. You can't change the past. What's done is done. Just leave it be and worry about your own lives! Stephanie is a great person and I would trust her with everything!
Ben Lomond
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July 03, 2012
Don't see many, if any, people "talking crap."

I see lots of support and forgiveness for a person who made a tremendous mistake that made many feel betrayed and violated.

I agree, and wrote, that I believe it is time to move forward, but insulting people is not the way to facilitate that process.
Sarah S
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July 04, 2012
Good for you for speaking up Billy. There is a small group of vocal moms whose delight in someone else's misfortune is stronger than their desire to help someone who made a very bad mistake.

Yes, taking the money was wrong. Yes, the money has been paid back. Yes, appropriate punishment has been doled out. But I'm more disgusted with the anonymous mean moms than anyone else involved in this saga.
Professor Pat
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July 04, 2012
Just goes to show that P.T. Barnum's time worn adage still holds true today.
Professor Pat
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July 02, 2012
To BD Mom: There are various types of work/release programs but one the most common ones is where the inmate is allowed to freely work Monday - Friday and then serves her actual confinement in jail on weekends. (Sometimes the confinement can be served at home or at a halfway house so Stephanie may not have sit in the S.C. main jail.) Other work/release programs allow the inmate to go off to work every day but requires him or her to return to the jail in the evening.

To Teacher Tammy: I may feel pity and compassion towards someone who stole my kid's money but that doesn't preclude me from harboring ill will and feeling distrustful towards her. She is going to have to earn that on her own over the course of many years....
Student Sam
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July 03, 2012
@ProfessorPat - There is not much wrong with this valley full of different communities. But when I think about the few things that are wrong, what comes to mind is how certain groups consider "tight knit" their own private small-minded enclave.

It might serve some to take a look around and understand that there are other groups of good people who may not perceive things the same way. Whether it be a political persuasion, a candidate, how well or poorly run and organization is, how to support or reject someone who has made a terrible mistake, how to help that person re-assimilate into the "tight knit" community.
SLV parent
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June 29, 2012
Why in the world did she let this go to trial? Surely there was a plea deal involving paying back the money. Glad the money is paid back. Sad for the future fundraising efforts which could be hampered by this. Still, I will support the parent clubs for all of the great things they fund.
Professor Pat
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June 30, 2012
I agree, why not just plead nolo contendere ("no contest"), take your lumps and be done with it? The 60 day jail term will be, sadly, the least of her worries going forward--the ostracism, distrust, and enmity she has incurred are life long sentences in a small, tight knit community such as the S.L.V. I hope she gets the help she so obviously desperately needs.
Teacher Tammy
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June 30, 2012
Or the "tight know community" can offer compassion, rally around, be the help she needs and move forward in a positive manner.

You choose.
Teacher Tammy
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July 01, 2012
"tight KNIT community"
BD Mom
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July 01, 2012
Not sure this went to trial as that would indicate a jury was involved.

It sounds like the judge heard the evidence and made a ruling based on what was presented.

So many people stood up for her when the news first broke, and insisted she was a good person and she didn't do it.

Where are they now?
BD Mom
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July 01, 2012
Also, the article indicates that a work release program was offered/suggested. Is that in lieu of serving the 60 days behind bars? Anybody know the answer to that?

Ben Lomond
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July 01, 2012
Though I was not one to ever defend or excuse her actions in any way, it seems to me it is time to move forward.

She made a terrible mistake and has now paid for it, both literally and figuratively. She will not be involved in school fundraising ever again, but she should be able to do all other things a mom with kids at school can do to be a supportive parent without further recrimination.

It is easy to forgive people for things that don't really matter, but it's hard to forgive the things that truly make us angry or cause us to feel betrayed. From here on out, this story is no longer about her and what she did, but about us and what we do.
Gemma R. Locatelli
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July 01, 2012
I heard very little about this story previously. (We home school) But I remember being a student and all the wonderful things the funds pay for. I was able to do activities I normally did not have the support for. I was a all over the place from art to sports and some times some things are just hard for parents to cover. Especially when you own a home and your kid is a terror on clothes and loses things all the time. (Me as a Kid! lol) Anyways, I read the posts about peoples opinions and it seems to me a lot of people are very rational and logical. I like how so many people are using this as an opportunity to learn and grow and move forward. I do not know what the circumstances were for this lady but I do hope she is supported. This must have been hard to do but she faced it. Facing something when I was just a kid was hard. But it all goes by the way side eventually. No one is perfect.
Felton parent
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June 29, 2012
Wonderful news! Justice has been served.
BL Parent
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July 01, 2012
@ BD MOM:

They who are no longer rallying have been betrayed and are probably not rallying because they rightfully feel betrayed. Why on Earth would they still rally? Not only did she steal from the children's money; but she lead those good people who believed in her, stood by her, to believe she didn't. The only reason she faced the music at all was due to the lawsuit. If she had faced the fact she stole money and paid it back before charges, there wouldn't need to be a lawsuit. She brought this upon herself, and all I can say is I am so glad to live in this valley. People's ready way of forgiving is refreshing.

I am glad to hear people still plan on donating to the Panther Club for it is obvious they made sure to protect the interests of their children.



I hope Mrs. Olmsted receives the treatment she needs.





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