Today, two new charges were filed against the former CFO of the Milwaukee Public Museum. Terry Gaouette was originally charged with four felonies, including one count of theft by officer and three counts of fraudulent writings. The new misdemeanor charges relate to making false or fraudulent reports as a certified public accountant.
The criminal charges came as a result of museum executives improperly spending the organization’s endowment funds, and then covering up that spending by making false reports to the museum’s Board of Directors.
“They did it too!”
His lawyer says that others were involved, while only Gauoette is being charged. And of course, the situation is just referred to as a problem with fund-raising and budgeting.