A New Haven federal grand jury has indicted a Ridgefield woman in the alleged theft of $30,000 in U.S. funds from the Fairfield Housing Authority where she was executive director, authorities say.
Elizabeth Jo Gutierrez, 47, was freed Friday on $50,000 bond after appearing before a Hartford federal magistrate.
The federal charge stems from the housing authority's role in administering U.S. Department of Housing and Urban Development funds, Connecticut's top federal prosecutor, U.S Attorney David B. Fein, said in a statement.
According to the indictment, while Gutierrez was the top executive at the Fairfield housing agency, she issued two checks in the summer of 2011 each in the amount of $15,000, from the housing authority's checking account and subsequently deposited them into her own checking account.
Gutierrez led the agency from approximately July 2010 to December 2011, prosecutors said.
The charge of theft concerning programs receiving federal funds carries a maximum term of imprisonment of 10 years.