Round Lake woman allegedly misappropriated $60,000 of local nonprofit funds
WORTHINGTON — A rural Round Lake woman was in Nobles County District Court on Tuesday for her initial appearance in a criminal case alleging that she misappropriated approximately $60,000 of funds from a local nonprofit organization.
Jenny Bosma, 46, faces 12 felony theft by check charges after she allegedly misappropriated Frosty Riders Snowmobile Club funds while serving as the club’s secretary/treasurer.
According to the 13-page criminal complaint filed in October, the club learned about the misappropriated funds after a routine audit of the club’s books was completed for the 2016 fiscal year. According to the club’s hired accountant, approximately $20,000 in checks had been written to Walmart, Shopko and Bosma herself in 2016.
The discovery, made in late summer, led the club and the club’s bank to further investigate the account’s transactions. That resulted in the discovery of unauthorized transactions totaling $62,462.71.
The 12 felony theft by check charges were made on the basis of more than 100 traceable unauthorized transactions Bosma allegedly made to the Worthington Walmart, Shopko, Hy-Vee and herself, as well as electronic transfers from the club’s checking account to a PayPal account. The charges total $59,240.25, with the earliest recorded offense being in October 2014. She was elected as the club’s secretary/treasurer in December 2013.
A search warrant of Bosma’s residence was served in early August. Bosma agreed to give a statement at Prairie Justice Center in Worthington.
According to Bosma’s statement outlined in the complaint, Bosma admitted to writing checks to Walmart and Shopko for personal use as well as herself, which were cashed and deposited into her personal bank account.
She also explained how she set up a PayPal card that she used to spend the club’s money, which she deposited into a PayPal account separate from the club’s authorized account. She said some of the purchases made from the PayPal account were club expenses, but 90 percent were for personal use, the complaint continues.
Bosma told law enforcement that when she first started to write checks for personal use she intended to reimburse the club, but things “got away from her,” the complaint details.
Bosma’s next appearance in Nobles County District Court has been tentatively scheduled for Jan. 9 for a contested omnibus hearing.
Frosty Riders Snowmobile Club is a local nonprofit that maintains approximately 150 miles of groomed snowmobile trails in Nobles County and hosts education and training events to promote safe use and sporting.