Ann Geyman sentenced to four years in prison for school embezzlement


In a federal courtroom in Indianapolis on Friday afternoon, former Switzerland County School Corporation treasurer Ann Geyman was sentenced to four years in prison after she pled guilty to embezzling more than $ 1.1 million from the school corporation.

Ann Geyman appeared for sentencing in front of U.S. Seventh Circuit Court of Appeals Judge John D. Tinder. Timothy M. Morrison, acting United States attorney for the Southern District of Indiana, represented the government at the sentencing.

The sentence followed a plea agreement that Ann Geyman and her legal representation had reached with the government.

In a press release from the Department of Justice, while imposing the sentence, Judge Tinder, “…Described the loss ands scope of Geyman’s series of embezzlements as ‘absolutely astonishing’ and that it likely had a ‘devastating effect’ on the school corporation.”

Ann Geyman was also convicted of three counts of filing false federal income tax returns.

The press release said that the case was the result of an investigation by the Indiana State Board of Accounts, the Indiana State Police, the Internal Revenue Service – Criminal Investigation Division, and the Federal Bureau of Investigation. The Switzerland County Prosecutor’s office also cooperated in the investigation.

Ann Geyman was the treasurer of the Switzerland County School Corporation from January 20th, 2003; to May 9th, 2007. During that period, investigators have found that she wrote 200 checks totaling $1,113,502.34 to various credit card companies to pay her personal credit card debts.

The release said that none of the check payments were approved by the school corporation’s board of trustees. The press release continued by saying that Ann Geyman altered bank statements and canceled checks to conceal her embezzlement, which was first discovered during an outside audit by the Indiana State Board of Accounts in May of last year.

At the time that the embezzlement was discovered, Ann Geyman was attending a seminar for the school corporation in Fort Wayne, and once then-superintendent Tracy Caddell called and questioned her about inaccuracies in the balances, she returned to Vevay and admitted that she had taken funds to Superintendent Caddell, assistant superintendent Darin Gullion, and school attorney Ron Hocker.

The school filed a civil suit the following day asking the court to freeze all of the assets of Ann Geyman and her husband, Raymond Geyman. The courts did freeze all of Ann Geyman’s assets, but initially excluded Raymond Geyman from the suit. The school later attempted to include Raymond Geyman in the suit; and he sued the school corporation for defamation of character.

Ann Geyman then entered a guilty plea in U.S. Court in New Albany, and as a part of those proceedings and the investigation that surrounded the school embezzlement, authorities also found that she had also taken funds from the J.D. Byrider auto dealership in Madison when she served as an accountant. She was also found to have taken funds when she served as the treasurer of The Madison Regatta.

Those charges were a part of the sentencing in federal court on Friday.

Judge Tinder sentenced Ann Geyman to 48 months imprisonment, and she will then be subject to three years of supervised release following her release from prison. She was also ordered to make restitution in the amount of $1,157,293.06.

The release noted that Ann Geyman turned over personal property to the school corporation to be sold at auction, and that auction was held on February 9th, with $56,773.26 being netted by the school corporation against the debt.

Mary Bippus, spokesperson for the Department of Justice, said that Ann Geyman was not taken into custody following the sentencing, and that she was told that the matter is now in the hands of the Bureau of Prisons, which will tell her when and where she is to report to in order to begin serving her sentence.