Monday, August 3, 2009

Penrod Society Sues to Recover $380,000

The Penrod Society has filed a lawsuit against former treasurer Brandon Benker, seeking to recover more than $380,000 it alleges he embezzled last year, reports Kathleen McLaughlin in the Indianapolis Business Journal.

"The society is a group of professional men who organize the annual Penrod Arts Fair, a fund-raiser that draws about 25,000 people to the grounds of the Indianapolis Museum of Art each September," she writes. "The lawsuit, filed late last week, alleges that Benker 'embezzled and converted for his own use' $381,742 from the not-for-profit group between Feb. 29 and Nov. 12, 2008."

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