A state audit found a water district employee in Lake Forest Park, Wash., pilfered more than $350,000 of ratepayer money, according to local reports.

The audit found that the office employee pulled off the embezzlement by putting her children on the payroll and forging receipts, the Seattle Times reported.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.