News

Former health foundation employee is arrested

Marilyn Machalowski, a former employee of the Lucile Packard Foundation for Children's Health, has been arrested by the Palo Alto Police Department and charged with embezzling more than $350,000 from the foundation, the Santa Clara County District Attorney's office announced.

Machalowski, 68, worked for the foundation from 1999 to 2007, when the suspected embezzlement took place. She faces a maximum of five years in state prison if convicted.

Police credit forensic auditors from Deloitte FAS for uncovering the suspected embezzlement after a thorough audit of the foundation's financial records.

Machalowski worked as an accountant and payroll/benefits manager for the foundation. She is suspected of wiring money from the foundation into a personal account as well as putting money toward her 401K retirement account. To conceal the embezzlement, Machalowski allegedly "recorded much lower dollar amounts in the check register" than what the foundation received, according to the district attorney's office.

Related stories:

$350,000 stolen from child-health foundation

— Don Kazak

Comments

Posted by carl, a resident of Charleston Meadows
on Jul 4, 2008 at 9:39 pm

One of our better characteristics is trusting our fellows. But we know some are flawed.

All companies who have money passing through their hands and have a bookkeeper must have an annual audit by an outside firm. It's cheaper than paying insurance or losing money through theft. And it's tax deductible.


If you were a member and logged in you could track comments from this story.

Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: * Not sure?

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

Scott’s Seafood Mountain View to close, reopen as new concept
By Elena Kadvany | 12 comments | 3,595 views

Who Says Kids Don’t Eat Vegetables?
By Laura Stec | 9 comments | 1,835 views

Breastfeeding Tips
By Jessica T | 11 comments | 1,654 views

How Bad Policy Happens
By Douglas Moran | 20 comments | 1,147 views

The life of Zarf
By Sally Torbey | 8 comments | 770 views