
VETA Presidents Two:
Monkey See and Monkey Do
Two Victor Elementary Teacher Association
Presidents Held onto Financial Accounts even after their Terms of Office had
since Expired. (Why VETA's Treasurers didn't administer these accounts
is anyone's guess!) Years later, they continued to withdraw money from the
account, with neither the knowledge nor consent of the association. These
accounts, which were established as trusts by the estates of deceased former
teachers were intended to provide "scholarship funds" for Victorville
children. These accounts were only "discovered" while
attempting to locate all of the past records when it was discovered (by a new
treasurer) that an enormous amount of money had not been deposited over a period
of three years. These trust accounts had to be frozen because it took a
tremendous amount of time to even determine who had access to them - that is,
once it was discovered that they existed in the first place. The previous two
"treasurers" knew nothing about these accounts (and NEVER had
signature cards transferred over).
Below, is a letter sent to Victor Valley College, once it
was learned that someone was withdrawing money, with neither the consent or
approval of the Victor Elementary Teachers Association, from one of these
accounts. It was later learned that two previous presidents were holding onto
these records and were withdrawing funds - without anyone's knowledge!


These pages authored and maintained by the ASEE.
© 1999 All rights reserved.
Page established: 11/10/99
Last revised: Wednesday, February 26, 2003 12:50:30 AM