Former Arizona county treasurer sued for allegedly stealing over $39M: 'Unjust and sad'

https://komonews.com/news/nation-world/former-arizona-county-treasurer-
sued-for-allegedly-stealing-over-39m-unjust-and-sad-santa-cruz-county-
tucson-elizabeth-gutfahr-embezzle-crime-taxpayers-fbi-justice-department#

TUCSON, Ariz. (TND) — An Arizona county is suing its former treasurer for 
allegedly embezzling more than $39 million, it announced on Friday.

Santa Cruz County accused Elizabeth Gutfahr in a lawsuit filed Thursday of 
stealing $39,412,000, according to a press release. The county said its 
goal is to recover as much of the funds as possible.

“Though this is a significant amount of money for our community, we will 
do everything in our power to avoid impact to the day-to-day operations of 
the entities that rely on funding from the County, and we will continue to 
provide straightforward updates as things progress,” the press release 
reads.

Gutfahr resigned in April, when the county became aware of 11 “irregular” 
transactions of $375,000, according to the release. Santa Cruz said in 
June it had immediately secured all official accounts controlled by 
Gutfahr before alerting the “proper authorities.”

Investigations by the FBI, Department of Justice and local authorities are 
still ongoing, according to the county.

“The County is continuing its comprehensive internal review with the 
assistance of experienced outside legal and forensic accounting 
professionals, including a full forensic financial investigation of the 
accounts controlled by the County Treasurer,” Santa Cruz noted.

County supervisors met with a private company to review policies for 
treasurers and improve accountability of the office, according to the June 
press release. Following the meeting, Santa Cruz said it made changes to 
protect funds.

“The Board of Supervisors is doing everything in its power to safeguard 
the County’s financial future, assist in bringing to light any potential 
wrongdoing, and will take action accordingly,” the June release reads.

Inis Villa, a Santa Cruz resident, told News 4 Tucson that the situation 
is sad for the community.

It seems unjust and sad on her part because she knew that money was to 
help us, the residents,” she said.
Another member of the community, Roberto Esparza, told the outlet Gutfahr 
should be in prison.

“We pay her salary, and she abused that confidence that people give these 
politicians around here,” he argued. “The politicians, I think they get 
way too much of a break.”


-- 
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