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Police Hunt Parent Accused of Spending ARS 17.5 Million in Graduation Funds at Casino

An emergency community drive covered an ARS 8.3 million shortfall so the celebration proceeded.

Overview

  • Parents of 35 students had pooled about ARS 17.5 million over eight months via a virtual wallet for two graduating classes.
  • On the day of the event, families learned most services were unpaid and only the venue deposit had been covered.
  • The woman entrusted with the money reportedly admitted a gambling problem and said the funds were spent at a casino.
  • A criminal complaint was filed and judicial authorities are investigating as police continue searching for the accused organizer.
  • Students allowed the accused woman’s daughter to attend, while a parent-lawyer called it one of Eldorado’s largest known scams and cited monthly contributions near ARS 68,000.