The Clarke County Ruritan called a special meeting of members Monday night to reveal what has been an ongoing investigation into a massive embezzlement case. President Jerry Beydler told meeting attendees that Ruritan treasurer Laura Lloyd will be indicted for allegedly embezzling over $240,000 from the organization. The crime is believed to have occurred over a period of five years during which Ms. Lloyd apparently embezzled approximately one thousand dollars per week.
The discovery was made months ago when Ruritan officers were called to the Bank of Clarke to sign papers for a transaction. When the officers told bank officials they were unaware of the transaction an investigation ensued and revealed that it was fraudulent. Officials from the Ruritan attempted to resolve the issue, but have been unable to do so and it will now be turned over to the state for legal proceedings.
Ms. Lloyd was employed by the Bank of Clarke County during the time period which the embezzlement occurred. She has since been dismissed from the institution.
The Clarke County Ruritan is a volunteer organization that engages in a variety of community service projects. Their most prominent activity in the community is the annual Clarke County Fair.
Neither the Ruritan nor legal counsel responded to questions about the alleged embezzlement.
Update May 3, 2012: John Hudson Senior Vice President and Marketing Director at the Bank of Clarke County provided an official statement from the organization regarding the alleged embezzlement of the Ruritan Club saying, “The acts of embezzlement of which former employee Ms. Lloyd is accused are unrelated to her Bank position or duties. The Bank is aware of no allegations that she engaged in unlawful activity that resulted in a loss to the Bank.”