Undisclosed amount repaid by nonprofit's former treasurer
By Dave Taylor
Wednesday, December 15, 2010 at 3:00 pm (Updated: December 15, 3:01 pm)
Madison Regatta Inc., the all-volunteer, nonprofit entity that organizes and runs the annual Indiana Governor’s Cup boat race on the Ohio River, has received partial reimbursement of funds embezzled from its bank accounts nearly a decade ago.
Regatta media chairman Joe Hertz said in a news release issued Monday that the funds had been received. The release did not specify how much money was involved in the reimbursement.
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