Former Madison daycare director gets 30 months in prison

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Nichole Genz, 41, of Evansville, was sentenced to 30 months after she embezzled more than $311,000 while employed as the executive director of a Madison day care center, according to a Wisconsin State Journal report. She was charged with nine counts of wire fraud and conspiring to commit wire fraud as part of a scheme to defraud Park Towne Development Corp. of Madison. As part of her sentence, Genz is also required to pay $216,561.85 in restitution. While executive director of Learning Gardens Child Development Center, Genz was responsible for maintaining the center’s petty cash account. Genz and the accounting manager embezzled and defrauded the corporation from 2013 to 2018 by diverting tuition checks into the petty cash account, cashing altered checks by diverting them into the petty cash account, and creating false bank statements for the petty cash account.

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