Embezzlement of Oregon weekly newspaper's funds forces it to lay off entire staff and halt print

that guy@lemmy.world to News@lemmy.world – 87 points –
Embezzlement of Oregon weekly newspaper's funds forces it to lay off entire staff and halt print
web.archive.org

About a week before Christmas, the Eugene Weekly found inaccuracies in its bookkeeping, editor Camilla Mortensen said. It discovered that a former employee who was “heavily involved” with the paper’s finances had used its bank account to pay themselves $90,000 since at least 2022, she said.

The paper also became aware of at least $100,000 in unpaid bills — including to the paper’s printer — stretching back several months, she said.

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The person embezzling also stopped contributing money to people's retirement accounts and pocketed the money.

This shows a real lack of oversight at the paper but I am hoping they make it though. For the sake of the employees and readers like myself. Eugene wouldn't be the same without the EW.