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Ex-Nonprofit CEO Sentenced for $2M Embezzlement Scheme

12/23/2025

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Summary

Story summary

Theresa Szwast, former chief executive officer of a nonprofit in Fishers, Indiana, was sentenced to 33 months in federal prison for embezzling over $2,000,000 during 17 years.
She pled guilty to wire fraud and was ordered to pay a $5,000 fine and nearly $2.2 million in restitution.
U.S. Attorney Tom Wheeler emphasized the seriousness of her crimes, including that audit reports were falsified since 2008.

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Story summary

Theresa Szwast, former chief executive officer of a nonprofit in Fishers, Indiana, was sentenced to 33 months in federal prison for embezzling over $2,000,000 during 17 years.
She pled guilty to wire fraud and was ordered to pay a $5,000 fine and nearly $2.2 million in restitution.
U.S. Attorney Tom Wheeler emphasized the seriousness of her crimes, including that audit reports were falsified since 2008.