CLEAR LAKE, Iowa – The former office manager at Lake Chevrolet has been arrested for allegedly misappropriating tens of thousands of dollars.
42-year-old Amy Michele Monahan of Mason City was charged Friday with 1st degree theft, forgery and ongoing criminal conduct. According to the criminal complaint, Monahan worked at Lake Chevrolet from December, 2013, through January, 2016. While working as the office manager, Monahan is accused of misappropriating $54,550.14.
Monahan allegedly falsified her employee time card and increased her salary without permission and changed her health care plan to receive extra benefits without paying for them. She’s also accused of printing out extra checks to herself, endorsing them with a rubber stamp and cashing them. Authorities say Monahan tried to hide her actions by altering the posting of checks in the company’s accounting software.
She allegedly used Lake Chevrolet business funds to pay off her monthly credit card statements and cash advances.
Monahan is being held in the Cerro Gordo County Jail on $40,000 bond.