Woman spends money mistakenly put in her account
SAXONBURG — An Allegheny County woman whose bank mistakenly deposited $6,750 into her account made off with most of the money that belonged to the Knoch High School cheerleading booster club, authorities said.
The money, collected during a fundraiser, was intended to benefit breast cancer research, according to Stephanie Mahan, president of the Knoch Cheer Boosters.
Failed attempts by First Commonwealth Bank to recoup the money, lost in the erroneous transaction last fall at its Saxonburg branch, has now led to criminal charges.
Kayla Marie Wade, 24, of Tarentum is wanted on an arrest warrant in the felony case. District Judge Sue Haggerty issued the warrant Friday.
Saxonburg police began their investigation in June after the bank completed its internal investigation.
Investigators found that on Nov. 13 she withdrew $6,000 of the misdirected deposit.
Later that same day, the club's treasurer discovered the discrepancy in the boosters' account and notified the bank, which quickly rectified the error on the victims' behalf.
"The bank found the mistake and they put the money back into our account right away," Mahan said.
