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Who is Elizabeth Gutfahr? Ex-official accused of embezzling $39M in AZ

Before she was reportedly accused of stealing millions of dollars in public funds, former Santa Cruz County Treasurer Elizabeth “Liz” Gutfer had a decade-long career as a public servant and seemed deeply involved in the rural border county where she grew up.

County, state and federal agencies began investigating the missing funds in April after a county bank reported suspicious activity. The investigation detailed allegations that Gutfer embezzled $39.4 million over a 10-year period.

Santa Cruz County first sued Gutfer. The county then filed suit against the Arizona Auditor General for negligence. The Auditor General's investigation found that the county board of supervisors was partly responsible for the missing funds. A federal investigation, which could lead to criminal charges, is ongoing.

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