Former Craig High "banker" faces thirteen felony charges - WKOW 27: Madison, WI Breaking News, Weather and Sports

Former Craig High "banker" faces thirteen felony charges

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JANESVILLE (WKOW) -- A woman considered the banker for Janesville Craig High School for several years faces thirteen felony crimes, after authorities say she stole over $200,000 from activity funds at the school.

34-year old Jessica Warner Reed posted $5,000 bail after a court appearance Monday, and left without comment to a reporter from 27 News.

Charges against Warner Reed include misconduct in public office, theft, forgery and false tax return.

A criminal complaint states school district officials spent $220,000 last year to restore activity fund balances and resolve unpaid, vendor invoices, as a result of Warner Reed's actions.

The complaint states Warner Reed told investigators she initially took $10 in 2007 and realized "no one seemed to notice." 

The criminal complaint states Warner Reed falsified accounting records and reported inflated account balances to organizers of school activity groups, while reporting balances thousands of dollars less to school district officials, who had access to fund bank records.  The complaint states Warner Reed's actions were discovered last year, when activity group leaders were contacted by vendors seeking payments.

Court records say Warner Reed forged the name of her husband on ten reimbursement checks totaling more than $14,000.

Records say Warner Reed and her husband's state tax returns for the years when money was stolen from the high school failed to reflect those funds.

Authorities say Warner Reed's husband was unaware of his wife's actions. 

When asked by a detective why this happened, the criminal complaint states Warner Reed answered in one word:  "greed."

Warner Reed resigned her clerical position with Janesville Craig High last year.  Her attorney said she's employed full-time, but declined to identify her employer when asked by a 27 News reporter.

Warner Reed has a preliminary hearing on the charges next month.

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