Law School Student Embezzles $33,000, Spends It On Drugs And Alcohol

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Nice Move

The Student Bar Association, or SBA, is given the task of organizing different fun events for their peers. Margaret Oyler was the treasurer for the University of Baltimore School of Law SBA in 2010 when about $33,000 went missing, money that wasn’t discovered missing until two years later after she stepped down from her position. At that time, their financials were reviewed by the executive board, and they discovered the accounting error.

In total, Oyler managed to yoink $33,000 from right under the SBA’s nose over a two-year period without anyone ever noticing until a changing of the student government’s guard. A tipster notes that the SBA informed the Baltimore Law administration of Oyler’s embezzlement in April 2012, but formal charges weren’t brought until more than a year later.

Oyler falsified financial statements in order to take the money. She used the 33 grand to fund her drug and alcohol habits.

She pleaded guilty to the theft.

As part of a deal, she was given a five-year suspended sentence and three years of probation, and she must pay $33,000 in restitution.

Per a tipster that contacted Above the Law, Oyler comes from a very wealthy family. It seems her parents coughed up several thousand dollars to fund an escrow account to pay the restitution. This likely contributed to the generous plea deal.

[via Above the Law]

Image via bobdoringojones.com

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