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Carousel at Pottstown President discovers $300k in donations spent by board member to pay off personal debts

  • An arrest warrant has been issued for Adam Sager, 56, accused of stealing $300,000 from Carousel at Pottstown, a nonprofit organization overseeing a historic carousel, as announced by the Montgomery County District Attorney's Office.
  • In February 2025, board members discovered the embezzlement, which was found to have occurred in 2019 during Sager's time as a board member.
  • Sager allegedly submitted fraudulent documents to secure a $300,000 line of credit for the nonprofit, using the funds to settle a civil lawsuit instead of funding any renovations.
  • Deborah McFarlin and Mark Saylor, board members, expressed their shock and called for justice, highlighting the detrimental impact on the nonprofit's finances and operations.
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The Indiana Gazette OnlineThe Indiana Gazette Online
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chicagostarmedia.comchicagostarmedia.com
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The Montgomery County District Attorney's Office announced the issuance of an arrest warrant for a former board member and his attorney for "Carousel at Pottstown."

·Indiana, United States
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The Delaware County Daily Times broke the news in Pennsylvania, United States on Friday, March 21, 2025.
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