{"id":122647,"date":"2022-09-13T09:05:09","date_gmt":"2022-09-13T14:05:09","guid":{"rendered":"http:\/\/www.thelocalvoice.net\/oxford\/?p=122647"},"modified":"2022-09-13T09:09:23","modified_gmt":"2022-09-13T14:09:23","slug":"u-s-attorney-oxford-woman-stole-millions-from-mississippi-state-sorority","status":"publish","type":"post","link":"https:\/\/www.thelocalvoice.net\/oxford\/u-s-attorney-oxford-woman-stole-millions-from-mississippi-state-sorority\/","title":{"rendered":"U.S. Attorney: Oxford Woman Stole Millions From Mississippi State Sorority"},"content":{"rendered":"\n

An Oxford <\/strong>woman stole $2.9 million from a Mississippi State University<\/strong> sorority, according to court records from the Northern District of Mississippi<\/strong>.<\/p>\n\n\n\n

The U.S. Attorney\u2019s Office<\/strong> for the Northern District is sentencing Betty Jane Cadle<\/strong>, 75, for diverting money from the Delta Omega Chapter House Corporation<\/strong> for the Kappa Delta Sorority<\/strong> to her personal bank accounts and business between 2012 and September 2019. <\/p>\n\n\n\n

Though court records state she received the millions as a part of a \u201cscheme,\u201d she is only facing sentencing for one count of wire fraud. <\/p>\n\n\n\n

Cadle pleaded guilty in March for writing a $20,000 check from the sorority corporation\u2019s bank account and depositing it into an account for her business in January 2018, according to court documents. <\/p>\n\n\n\n

Between 2018 and 2019 Cadle deposited another five checks totaling about $111,500 into her business, Oxford children\u2019s clothing store Belles and Beaus<\/strong>, according to court documents. As part of her plea deal, the federal government agreed to dismiss those five counts of wire fraud, according to court documents. <\/p>\n\n\n\n

Court records did not say where the rest of the money allegedly taken from the sorority went. <\/p>\n\n\n\n

Sorority bylaws state any expenditures from the sorority corporation\u2019s bank account require prior approval by the board consisting of a president, treasurer, secretary and a student representative, according to court documents. <\/p>\n\n\n\n

As treasurer, Cadle was responsible for managing sorority dues, purchasing items for the sorority house, paying utility bills, filing tax documents and general bookkeeping, according to court records. <\/p>\n\n\n\n

She could face a maximum of 20 years of incarceration, a $250,000 fine, three years supervised release and a $100 special assessment. The court may also order restitution, according to court records. <\/p>\n\n\n\n

Cadle\u2019s sentencing is scheduled for September 16, 11 am at the federal courthouse in Oxford with U.S. District Court Judge<\/strong> Glen Davidson<\/strong>. <\/p>\n\n\n\n

Cadle\u2019s attorney was not able to be reached for comment when contacted by Mississippi Today<\/strong>. A spokesperson from the national organization of Kappa Delta was not immediately available for comment.<\/p>\n\n\n\n

by Mina Corpuz, Mississippi Today. September 8, 2022. This article<\/a> first appeared on Mississippi Today<\/a> and is republished here under a Creative Commons license.<\/em><\/p>\n\n\n\n

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