Woman accused of misappropriating over $300K from organization
PUTNAM COUNTY, Tenn. -
The former executive director of a regional planning organization was indicted by a grand jury for stealing money from the organization and using it toward another.
Wendy Askins, 52, of Cookeville, is accused of taking money from the Upper Cumberland Development District (UPDD) and using toward the Living the Dream home, an independent living residence for seniors in Putnam County.
Following an investigation led by the Tennessee Bureau of Investigation, Askins was charged with one count of theft over $60,000, one count of money laundering and once count of forgery.
Officials stated she turned herself in Tuesday and was released on $25,000 bond.
Authorities reported that while working as the executive director at UPDD, Askins added a paragraph in board meeting minutes in February 2010 that stated $300,000 was to be transferred to the Cumberland Regional Development District for the independent living home.
TBI's investigation revealed the funds, ultimately used to help build the Living the Dream home, were never discussed in the meeting.
Officials added that while Askins and her daughter had a home in Putnam County, their primary residence was at the senior living home.
She was employed as the executive director at UPDD for 17 years.
Thursday, August 28 2014 3:28 PM EDT2014-08-28 19:28:07 GMT
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