AVC officials release statement in arrest of former employee

Antelope Valley College officials are cooperating with the Los Angeles County Sheriff’s Department and the district attorney’s office in an investigation into the suspected embezzlement of money from student organization accounts at the college.

College officials are referring inquiries on the criminal investigation to authorities.

“We don’t want to say anything at this point that would jeopardize the investigation or interfere with confidentiality laws pertaining to a college employee,” said Dr. Jackie L. Fisher Sr., superintendent/president.

College officials confirmed that a suspect arrested by authorities, Mandy Borquez, is a former employee of the college who resigned Feb. 24, 2010. She had been employed as an accounting assistant in the Student Development Office since August 2004.

Officials were quick to point out that steps have been taken to provide greater oversight and tighten procedures on the handling of accounts through the college’s Associated Student Organization, a student governing body, and the Student Development Office.

“When faced with something of this nature, one of the first questions is how could this have happened,” said Steve Standerfer, director of public and governmental relations. “We want to assure the public that we have carefully scrutinized everything and have put new procedures into place to provide greater oversight and budgetary control.”

The Student Development Office handles money for a variety of student functions, including student club accounts, special events, athletic event ticket sales, snack bar sales and discount tickets to amusement parks.

A bonding agency has restored $233,906 of the money that was reportedly taken.