Former La Verne softball league treasurer admits to embezzlemen...

Why does she not have to repay the full amount? The kids get nothing out of her jail time, community service, or probation... This system is so not fair.

what a miserable greedy bitch. I want her to suffer the humiliation and wrath her peers and community. She should be forced to live in Pico Rivera with the rest of the crooked scoundrals.

Only 30 days? Why not a year.

oh she stole over 50K and only have to pay 20K back. 30K for a new car that she'll be using to do community dis-service.

She should have to pay back ALL THE $$$ with interest !

Wow!

You go girl.

Thief...

Tell me again why we should not thieve, cause all I've been seeing lately is the convicts getting off easy or with a slap on the wrist...

Hope she get's gang licked in county.

Wow, steal $55k, pay back $30k and do 30 days in county? That's a great way to make $25k!! Where do I sign up?

P.S. Is that $25k tax free or does she have to claim it on her taxes???????

JackSchitt wrote:

Wow, steal $55k, pay back $30k and do 30 days in county? That's a great way to make $25k!! Where do I sign up?
P.S. Is that $25k tax free or does she have to claim it on her taxes???????

Jack, You raise a great question! Hey I hear people that have lost their house to foreclosure have to pay taxes on the amount of money they defaulted on.

Newby wrote:

<quoted text>Jack, You raise a great question! Hey I hear people that have lost their house to foreclosure have to pay taxes on the amount of money they defaulted on.

Not anymore, it's waived, but you do have to pay taxes on the difference when you settle with your credit card company. The difference is considered income and is taxed.

Patches Ohoulihan wrote:

Hope she get's gang licked in county.

Wow.

Loolie wrote:

<quoted text>
Wow.

That's what she said!

Nicole Gayner wrote:

<quoted text>
Not anymore, it's waived, but you do have to pay taxes on the difference when you settle with your credit card company. The difference is considered income and is taxed.

If you get your home value decreased by a certain amount (through a loan mod), more likely than not, you will get a 1099 for the amount of debt that was written off. There ARE ways around it, and you can get an attorney to take care of all of that for you for less than what you would end up paying in taxes to the IRS/FTB.

Patches Ohoulihan wrote:

<quoted text>
That's what she said!

No it's not.
But maybe I'LL say that if we meet at The Lakes later on.

Sorry, Loolie. Had to.

I Heart Glendora wrote:

Sorry, Loolie. Had to.

Wow.

Did someone forget this is about the kids who suffered the loss. Shame on her. I bet s some of that money on me at one time. I am ashamed to call you my friend! I trusted you and your integrity and you let me down by publicly admitting your guilt. What a horrible disgrace to your family and to the community. You portrayed yourself as positive role model and dedicated to your services. I am sad for you.

I Heart Glendora wrote:

<quoted text>
If you get your home value decreased by a certain amount (through a loan mod), more likely than not, you will get a 1099 for the amount of debt that was written off. There ARE ways around it, and you can get an attorney to take care of all of that for you for less than what you would end up paying in taxes to the IRS/FTB.

Hmmm.... I thought it was a new thing(give away). So you still need an attorney,thats interesting. I wonder how many people have actually gotten a loan mod?