ISLE OF WIGHT COUNTY, Va. (WAVY) – A former president of the Isle of Wight Education Association has been arrested after an investigation of her dealings with the group’s funds.
Stephanie Bailey was arrested by Smithfield Police for misappropriation of funds, according to John O’Neil with the IOW Education Association. Police say Bailey embezzled $43, 248 dollars.
“She stated she used the money for the benefit of the Education Association, as well as the community, to help homeless people out, some of the teachers out, who needed money, things like that,” said Lt. Patrick Valdez of the Smithfield Police Department. “However she’s unable to provide statements or receipts to this money being missing.”
Police documents show the investigation took place between January 1, 2011 and August 1, 2013.
“The VEA initiated an internal inquiry last fall that led to the subsequent investigation by the Smithfield Police. We have fully cooperated with their investigation,” said O’Neil in a prepared statement.
O’Neil said the VEA will keep working the the IOW Association to make sure its assets are protected. He also said no school or tax dollars were involved in Bailey’s offense, and that the group expects its insurance carrier to reimburse the embezzled funds.
On Wednesday, WAVY.com knocked at the door of Bailey’s home address, and the woman who answered said she was Stephanie Bailey. She declined to comment on her arrest.
Bailey is a former school nurse, most recently at Windsor High School. She has a preliminary hearing set for May 15, 2014.