Airport authority defrauded of nearly $50,000, investigation underway

Blackfalds RCMP confirm they are looking into the alleged misappropriation of nearly $50,000 from the Red Deer Regional Airport Authority.

A routine audit of the Authority’s 2016 financial statements turned up the discrepancy.

A note in the financial statement says “irregularities were discovered that indicate the Authority was the victim of internal theft.”

Of the $47, 598 in question, it’s believed $37,595 was misappropriated in 2015 and $9363 in 2015.

In addition, the note says “there were unusual payments of $108 in 2016 and $7,253 in 2015 made from the bank account where there was insufficient information to determine if the funds were misappropriated or if the payments were made related to valid transactions.”

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Staff Sgt. Ken Morrison with Blackfalds RCMP says a complaint has been filed and an investigation is underway, adding it’s too early to say whether any charges will be laid.