Former executive accused of taking money, costing WABA $150K - WAOW - Newsline 9, Wausau News, Weather, Sports

Former executive accused of taking money, costing WABA $150K


Newsline 9 has learned new information about a former executive for a Wausau area builders group accused of misusing more than $150,000.

Newsline 9 was able to get ahold of a letter sent out by the Wausau Area Builders Association Board of Directors. According to the letter, a former executive failed to pay some of the association's bills on time and took money from the group. 

In the letter, the board said a former executive cost them more than $150,000. The non-profit group -- which supports local builders -- started an investigation. And now, it is planning to take legal action.

Newsline 9 isn't identifying the former executive since he hasn't been charged. But we have learned that he held the only paid position in the group and was responsible for overseeing everything within the association. He resigned from his position in March.

According to the letter from the board, the former executive used group money for his personal use. It also said he failed to pay some of the association's bills. The board said the executive agreed to pay the money back, but he hasn't done that.

The association's president said the group is trying to move on. And they've turned everything over to Marathon County prosecutors.

Newsline 9 tried to contact the former executive, but never heard back. A representative with the Marathon County District Attorney's office said no formal charges have been filed against him. We will continue to follow this story and bring you any updates when they are available.

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