Mount Zion, IL, Self-Storage Manager Accused of Stealing $500K to $1M

Update 4/18/18 – The amount of money King allegedly stole is higher than investigators first reported. The former manager is now accused of stealing $500,000 to $1 million, according to a source.

Investigators believe King took cash payments for storage units as well as rental properties, and deposited the money into her bank account.


2/2/18 – The former manager of Mount Zion Self-Storage in Mount Zion, Ill., was arrested on Wednesday under suspicion that she embezzled more than $117,000 during a five-year period. Tamme R. King, 56, received a preliminary charge of theft over $10,000 after an investigation uncovered missing business deposits and questionable deposits into King’s bank account between 2012 and 2017, according to the source.

King worked at the storage facility from June 2011 through December 2017. Her job duties included accepting customer payments and depositing them into the business bank account. She also was responsible for monthly bank-statement reconciliation.

The owner of the self-storage facility called police on Jan. 5, though he told investigators he first became suspicious of King in mid-November. In one instance, King allegedly insisted on depositing a customer’s monthly house-rental payment despite previously telling the owner she didn’t like to keep large amounts of cash in the facility office, the source reported. It’s unclear why the self-storage manager would have collected payment for a house rental.

The owner later discovered the cash deposit was never made and determined no cash had been deposited into his business account for several years, according to the source. A police affidavit indicates $117,469.42 was missing. The total was derived from payments collected during the five-year period, minus amounts that were either deposited into the business account or repaid by King via personal check.

King was released from jail after posting a $20,000 bond.

Sources:
Herald & Review, Former Employee Accused of Stealing More Than $100,000 From Mount Zion Business
WAND17, Mt. Zion Woman Stole Hundreds of Thousands More Than Originally Thought



 

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