La Jolla Music Society finance director accused of embezzling $ 113,000 is sacked after investigation

La Jolla Music Society finance director accused of embezzling $ 113,000 is sacked after investigation

The finance director of the La Jolla Music Society, accused of embezzling about $ 113,000, was sacked following an internal investigation, the organization said.

A police A report was filed, but Music Society executives said they were still determining whether to take legal action.

A statement released on March 1 said LJMS fired Chris Benavides after determining that he had embezzled business funds for his personal use. The payments were discovered during a financial review by the chair of the finance committee of LJMS.

LJMS President and CEO Todd Schultz told La Jolla Light that the alleged embezzlement was uncovered last month when a transaction initiated by Benavides was questioned by members of the finance committee and had is the subject of further investigation. Benavides was asked to explain the transaction.

“He didn’t get a satisfactory response,” Schultz said. “So we looked at the issue and established what was going on. On February 20, we met with him and he confirmed that the embezzlement was for personal use. He did not specify what the funds were used for, but we do know that some of the transfers were made to a mortgage company and we are investigating the rest.

Benavides could not be reached for comment.

LJMS management filed a report with the Department of police of San Diego, as required to file an insurance claim and recover some, if not all, of the money lost.

“Since something of this nature previously seemed inconceivable, there is also a full review going on to review and…

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