A press release from the Woodstock Police Department:
On July 31, 2015, Woodstock Community Unit School District 200 officials notified the Woodstock Police Department Criminal Investigations Division of possible mismanagement and theft of funds from various non-district bank accounts associated with
- the Parent Teacher Organization (PTO) and
- the Fox Valley Junior High School Conference.
During the course of the investigation, it was discovered that the former principal of Northwood Middle School, Jerome “Jake” Wakitsch [age 41], on numerous occasions dating from February 2014 to June 2015, unlawfully withdrew several thousands of dollars from the two said bank accounts maintained by Wakitsch, for which he was an authorized user. Funds taken unlawfully were alleged to have been used for personal gain.
On September 01, 2015, upon conferring with the McHenry County States Attorney’s Office, detectives obtained an arrest warrant for Wakitsch for two counts of theft (over $500.00) and one count of forgery, all class 3 felonies.
The forgery complaint was the result of Wakitsch forging the signature of another authorized user on checks for the PTO account, which required two signatures of authorized persons to be valid.
Wakitsch was notified and immediately turned himself in at the Woodstock Police Department, posted the required $20,000 bond and was released without incident. Wakitsch’s next court date is scheduled for September 15, 2015 at 9:00 am at the McHenry County Government Center.
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Commenter Mark noted in one of many comments under this article that if the principal is convicted of a felony he will lose his teachers’ pension. If it is reduced to a misdemeanor, he will keep his pension.