The former chief financial officer of the Philadelphia Archdiocese was arrested Tuesday and faces charges of stealing $900,000.
The city district attorney’s office notified archdiocese officials over the summer about the theft after irregularities were reported by a credit card company.
CFO Anita Guzzardi, who cooperated in the investigation, was placed on administrative leave and then fired July 22.
“Estimates show that Guzzardi embezzled more than $900,000 from the general operating fund of the archdiocese,” said Kenneth Gavin, an archdiocese spokesman.
The loss of most of the stolen money is covered by insurance, Gavin said. The theft had no effect on decisions to close any of the archdiocese schools, he said.