Clarke University in Dubuque reports theft of more than $300,000 - KWWL - Eastern Iowa Breaking News, Weather, Closings

Clarke University in Dubuque reports theft of more than $300,000

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DUBUQUE (KWWL) -

Clarke University in Dubuque reported to the city's police department this week a theft of $302,177.

The university's executive director of marketing and communications Ken Brown said the money was stolen from the bookstore. He said school officials noticed the loss when they saw the bookstore was losing more money than it was making.

"Looking for nothing in particular, just reviewing people we do business with and came across some irregularities with some of our vendors and noted those things and brought it to the attention of officials here," Brown said.

Capt. Scott Engleman of the Dubuque police department said initial findings show the money was stolen sometime between August 2011 and July 2012. The report indicates this happened through the unlawful use of seven checks.

Engleman said the suspect is a former Clarke University employee terminated, for reasons not related to this theft, in the summer of 2012. He said the police department has an idea of what the stolen money was used for, but declined to provide more information, saying it could jeopardize the ongoing investigation.

Brown said the investigation may not be a speedy one.

"Police told us it could take awhile, could take months," Brown said. "It's entirely in their hands now and we'll cooperate with them, but, other than that, we've done what we have to do and it's the police business now."

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