Oh My Fraud

Embezzlement Set to Cruz Control


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Following her sudden resignation, the longtime treasurer of a small Arizona county faces questions about her time in office.


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  • (00:00) - An Unexpected Resignation
  • (01:07) - Welcome to Oh My Fraud
  • (03:23) - Listener Mail and Fraud Discussion
  • (08:23) - Santa Cruz County Background
  • (09:50) - Liz Gut Far's Career and Sudden Resignation
  • (10:50) - Investigation and Initial Findings
  • (16:34) - Massive Embezzlement Uncovered
  • (17:17) - Legal Actions and Allegations
  • (24:58) - Fraud Techniques and Cover-Up
  • (29:55) - Criminal Charges and Court Proceedings
  • (40:12) - Lessons Learned and Conclusion

  • HOW TO EARN FREE CPE

    In less than 10 minutes, you can earn NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.

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    CONNECT WITH CALEB
    LinkedIn: https://www.linkedin.com/in/calebnewquist/

    Sources:

    • Santa Cruz County’s Industry Clusters [SantaCruzCenter.org]
    • County Treasurer Elizabeth Gutfahr resigns [Nogales International]
    • Unrecorded money transfers trigger FBI investigation on former Santa Cruz Co. treasurer [News4Tucson]
    • County Tells School, Fire Districts That Over $4 Million Has Disappeared [Patagonia Regional Times]
    • County BOS, SEFD, Sonoita School District Release Statements on Missing Funds [Patagonia Regional Times]
    • Supervisors Told $39.4 Million in County Funds Is Missing [Patagonia Regional Times]
    • Report sheds light on Santa Cruz Co. Treasurer's alleged theft of $39 million [KGUN]
    • A Santa Cruz County official is accused of stealing $39M. A lawmaker wants tighter controls [Arizona Republic]
    • Santa Cruz County v. Elizabeth Gutfahr, et al.
    • U.S. v. Elizabeth Gutfahr
    • Former Arizona Elected Official Pleads Guilty to Embezzlement of More than $38M of County Funds [DOJ]
    • Former Santa Cruz County Treasurer Sentenced to 10 Years in Prison for Stealing Over $38 Million in County Funds [DOJ]
    • “One of the dumbest…crimes in Arizona state history” [KGUN]

    Email us at [email protected]

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    Oh My FraudBy Caleb Newquist

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