published on June 9, 2021 - 12:41 PM
Written by Associated Press

(AP) — A Los Angeles nun who took a vow of poverty has agreed to plead guilty to federal charges for stealing more than $800,000 to pay for a gambling habit, prosecutors announced Tuesday.

Mary Margaret Kreuper, 79, of Los Angeles was charged Tuesday with one count of wire fraud and one count of money laundering, the U.S. attorney’s office said.

Prosecutors said that in a plea agreement, also filed Tuesday, the now-retired elementary school principal acknowledged that over a decade ending in 2018, she embezzled about $835,000 in donations, tuition and fee money from St. James Catholic School in the LA suburb of Torrance.

Kreuper, who was the school principal for 28 years, “controlled accounts at a credit union, including a savings account for the school and one established to pay the living expenses of the nuns employed by the school,” the U.S. attorney’s office said.

In her plea agreement, Kreuper acknowledged diverting money to pay for personal expenses that included credit card charges and “large gambling expenses incurred at casinos,” the U.S. attorney’s office said.

Kreuper could face up to 40 years in federal prison.

A statement from her attorneys said that Kreuper was “very remorseful for what happened” and had been cooperating with law enforcement and the Roman Catholic Archdiocese of Los Angeles.

Kreuper became a nun at 18, said the statement, reported by KNX-AM radio.
“Unfortunately, later in her life she has been suffering from a mental illness that clouded her judgment and caused her to do something that she otherwise would not have done,” the statement said. “She is very sorry for any harm she has caused.”


e-Newsletter Signup

Our weekly poll

Should fireworks be banned in the City of Fresno?

Loading ... Loading ...

Central Valley Biz Blogs

Popup
shares

3/5

Article views

remaining

Sign up icon

To continue website access to

TheBusinessJournal.com

please create a FREE account OR login here.

1/5

Article views

remaining

SKIP THE POP-UPS
For only $59 for one 1-year you will receive the Print edition along with EVERYTHING The Business Journal has to offer digitally, PLUS you will have unlimited 24- hour a day access to view articles at

TheBusinessJournal.com

Use Promo Code

*New Subscribers Only

Digital and Print

XX Days Remaining

until you can view 5 more free articles

Sign up icon

Want access? Subscribe now & save $20 OFF.

Use Promo Code

WEBSUB20

* NEW SUBSCRIBERS ONLY