- Associated Press - Tuesday, February 18, 2014

MEDIA, Pa. (AP) - A former tax collector in a suburban Philadelphia borough has admitted his role in the theft of $1.3 million from the borough and local school district he worked for.

The Delaware County Daily Times (http://bit.ly/1h2puUo) said 77-year-old Robert Park pleaded guilty Tuesday to two counts of felony theft. He had been facing 20 counts of theft and related charges.

Park admitted to taking more than $200,000 from Aldan Borough and about $1 million from the financially troubled William Penn School District from 2003 to 2012.

Prosecutors said Park lost the money on the stock market while trying to pad his own retirement funds.

He is set to be sentenced on April 17.


Information from: Delaware County Daily Times, http://www.delcotimes.com



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