After New Hampshire's Somersworth Housing Authority (SHA) was rocked by an embezzlement scandal last year, its board of commissioners recently met to discuss potentially bringing in a local firm to conduct a full forensic audit, Foster's Daily Democrat reports.
Failings related to the checks and balances in place to protect the SHA's financial dealings first became apparent in 2011, when the authority's former fiscal director, Lisa Reid, was found to have embezzled nearly $900,000 over a period of several years. Reid committed suicide shortly after an investigation into the misappropriation was launched.
According to a separate article from the news source, Reid wrote herself unauthorized checks from several of the SHA's accounts, including the Strafford County Nutrition Program and the Queensbury Mill Apartments Operating Expense account.
Commissioner Paul Robidas said the board's meeting was a "good, but very preliminary first step," according to the media outlet. The housing authority must now decide if it wants to complete the services, which include a thorough AP audit and a recovery audit, and if it can even afford them.