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Santa Cruz County Reclaims $5.9 Million Lost to Embezzlement Through Insurance Settlement, Strengthening Financial Stability

Santa Cruz County has successfully recovered $5.9 million stolen by a former county treasurer through an insurance settlement. The recovered funds address losses from a significant embezzlement scheme that came to light in 2022, when ex-treasurer Mary Morales was arrested and charged with theft and misappropriation of public funds. County officials say this recovery represents…

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Phoenix Home Prices Steadying with Modest Growth as Market Returns to Normal

Phoenix home prices are experiencing modest growth as the housing market shifts back toward more typical conditions following years of dramatic fluctuations. According to local experts and housing data, prices in the area have risen slightly, signaling a move away from the extremes seen during the pandemic-driven boom and subsequent cooldown. Demand remains steady, but…

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Santa Cruz County Reclaims $5.9 Million Stolen by Longtime Treasurer in Major Financial Recovery

Santa Cruz County has successfully recovered $5.9 million that was embezzled by its former treasurer, Mary Ann Fausett, several years after the funds went missing. Fausett, who served as the county treasurer for more than three decades, was arrested in 2019 and later convicted of stealing taxpayer money. County officials said the money was recouped…

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