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California school staffers busted in huge fraud after Costco breakfast run blows their cover
New York Post • • business
Key Points:
- Two staff members at the International School of Monterey have been arrested for allegedly embezzling nearly $300,000 from school funds, with former food services director Terry Bumper accused of stealing $58,800 and CFO Rosa Segura accused of siphoning over $238,000.
- Bumper allegedly used school funds to purchase food for his personal catering business and rented out school kitchens for profit, while Segura reportedly spent the stolen money on luxury vacations, dining, spas, and online shopping.
- Bumper was arrested on September 24 and charged with felony embezzlement on October 20, pleading not guilty and denying involvement in misusing funds, while Segura was arrested on October 22.
- Investigators have not yet determined if Bumper and Segura collaborated or were aware of each other's alleged embezzlement activities.
- Seaside Police Chief Nick Borges condemned the theft as a betrayal of taxpayer dollars and the school community.
