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Mason City woman accused of stealing from Lake Chevy posts $4K bond, hires lawyer

MASON CITY – A Mason City woman who worked as the office manager at Lake Chevrolet and is accused of embezzlement there has posted bond and hired a lawyer.

On October 28, 2016, Amy Monahan, age 42, from Mason City, was charged with Ongoing Criminal Conduct, a Class B Felony; 1st Degree Theft, a Class C Felony, and Forgery, a Class D Felony for her alleged crimes while employed as office manager of Lake Chevrolet in Clear Lake, Iowa. Monahan is alleged to have: taken money, received extra employee benefits, used business funds to pay on personal credit cards, and forged checks all without permission or knowledge of Lake Chevrolet.

During the course of a Clear Lake police investigation, it was determined Monahan misappropriated over $50,000 in funds during a two year period of her employment. While employed as officer manager, Monahan was responsible for employee payroll, employee benefits, accounts payable, accounts receivable, reconciliation of accounts and monthly financial reports.

Monahan was jailed on October 28 on $40,000 cash or surety bond.

Court records now show that she was able to post $4,000 bond days later. She was then released from jail. A preliminary hearing was set, but Mason City attorney Joel Yunek appeared for her in court on November 1, and the hearing was waived. No new court date appears to have been set, yet, and Monahan remains free at this time.

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