PTSO treasurer indicted for theft

An investigation by Tennessee Comptroller’s Office has resulted in the indictment of Adlenita Leshay Shute, former treasurer of Isaiah T. Creswell PTSO in Nashville. The investigation began after PTSO officials discovered and reported funds had been misappropriated from the PTSO bank account.

Shute allegedly stole at least $2,605 from the PTSO between January 2019 and March 2019.

Investigators allege that Shute used a PTSO debit card to make unauthorized cash withdrawals for her personal benefit.

Shute served as treasurer during the 2017-2018 school year, but she kept the PTSO’s debit card after her term expired. Shute was no longer associated with the PTSO board or its activities when she allegedly stole the money.

In August 2020, Adlenita Leshay Shute was indicted by Davidson County Grand Jury on one count of theft over $2,500 and one count of fraudulent use of a credit card.

“It’s important and required that basic oversight is in place to safeguard the funds of all school support organizations,” said Comptroller Justin P. Wilson. “In this case, officials did not promptly reconcile bank statements or update authorized bank signatures.

“The former treasurer remained an authorized signer on the PTSO’s account for almost a year after she stepped down from the board.”

To view the investigative report go to https://comptroller.tn.gov/office-functions/investigations/find.html.

Anyone who suspects fraud, waste or abuse of public money in Tennessee may call the Comptroller’s toll-free hotline at 800.232.5454, or file a report online at tncot.cc/fraud.