Homer Police last week charged an Anchor Point woman with first-degree theft for taking more than $95,000 from her ex-boss, Matt Shadle. Police alleged that over a period of 18 months, 44-year-old Terry D. McCloud embezzled the money using forged checks and unauthorized credit card transactions.
Michael Armstrong of the Homer News reports that McCloud worked as a bookkeeper for the former Homer City Council member from September 2010 to April 2012. Shadle said he found out about the embezzlement in April when McCloud confessed. Shadle told her she should go to the police and turn herself in.
Homer Police Chief Mark Robl confirmed that McCloud came to police. It took until now to charge her because of the complexity of the case, Robl said. As of Tuesday, Robl said McCloud had not yet been arrested.