Published on: August 28, 2025, 09:22h.
Updated on: August 28, 2025, 09:22h.
- A former bookkeeper from Wichita Falls is accused of theft against her employer.
- An affidavit reveals that approximately $200,000 in misappropriated funds was funneled into tribal casinos in Oklahoma.
A previous accountant in Wichita Falls, who fled to California, has been detained on charges of embezzling over $200,000 from her former employer, with a significant portion of the stolen money allegedly funneled into tribal casinos in Oklahoma.
According to the Wichita Falls Police Department, an embezzlement complaint was filed on behalf of a business located on the 1000 block of Indiana Ave. on August 31, 2023. Following a check bouncing, the business owner and management initiated a review of the financial records and transactions.
The review uncovered numerous dubious transactions, including 204 unauthorized ATM withdrawals, 26 unapproved checks, 191 PayPal transactions, and 68 unauthorized charges on Square. These activities were linked to accounts controlled by Kassy Elizabeth Cunningham, the previous bookkeeper.
Checks were issued to Kassy Cunningham with the owner’s signature affixed, while charges were linked to the PayPal account “Kcunningham1,” and Square payments were made to KassyGosq.com. Investigators stated that most ATM withdrawals appeared to be “associated with gambling.”
Wichita Falls is located just south of the Oklahoma border and is home to several tribal casinos.
Suspect Acknowledges Guilt
Local authorities report that the embezzlement took place between September 8, 2022, and August 1, 2023.
The business owner noted that Cunningham was responsible for both utility payments and submitting sales reports. According to the investigator’s affidavit, when contacted by the business owner, Cunningham admitted to the theft but claimed she was unaware of its total amount.
Cunningham had resigned and moved to California before the embezzlement discovery. The affidavit contained a statement from a Wichita Police Department investigator indicating that Cunningham expressed a willingness to cooperate following their phone conversation.
Cunningham contacted me voluntarily and expressed a desire to cooperate fully. She acknowledged the theft and showed remorse, indicating that the funds had been used at the casino and for her medical expenses. She claimed to be unaware of the full extent of the money misappropriated from the business,” the affidavit stated.
A variety of businesses operate within the 1000 block of Indiana Ave., including an auto glass company, a restaurant supply outlet, and a dining establishment. The affidavit mentioned that Cunningham attempted to mask her actions by rerouting funds from the victim’s account through multiple tactics.
Timeline of Delays Uncertain
The arrest warrant for Cunningham was issued by a judge in Wichita County on December 21, 2023. However, Wichita County court records indicate that she was only booked into the jail recently, with her bond being established on August 27, 2025.
Records from the Wichita County Sheriff’s Office confirm that Cunningham remains incarcerated. She faces second-degree felony charges for theft with the intent to deprive the owner of property.
A conviction for this type of charge can result in a prison sentence ranging from two to twenty years and possible fines reaching up to $10,000. The affidavit specified that the business owner has requested that charges be pursued.