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.