# Python NZ Treasurer Pleads Guilty to Stealing Funds, Society Rallies for Recovery! 💔

**URL:** <https://onehack.st/t/python-nz-treasurer-pleads-guilty-to-stealing-funds-society-rallies-for-recovery/292989>\
**Category:** News & Articles\
**Tags:** tools, technology\
**Created:** [October 7, 2024, 3:39pm UTC](https://onehack.st/t/python-nz-treasurer-pleads-guilty-to-stealing-funds-society-rallies-for-recovery/292989 "2024-10-07T15:39:49Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![TheJoker](https://onehack.st/user_avatar/onehack.st/thejoker/32/22660_2.png) [@TheJoker](https://onehack.st/u/TheJoker)\
**Post date:** [October 7, 2024, 3:39pm UTC](https://onehack.st/t/python-nz-treasurer-pleads-guilty-to-stealing-funds-society-rallies-for-recovery/292989/1 "2024-10-07T15:39:49Z")

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**Summary:**

1. **Theft Revealed**  
The treasurer of **Python New Zealand** has pleaded guilty to stealing funds from the society, leading to serious financial challenges that nearly resulted in liquidation.

2. **Community Response**  
Despite the setback, the free and open source community, including **Linux Australia** and the **Python Software Foundation** , came together to support Python NZ during this crisis.

3. **Restitution Hopes**  
The president of Python NZ, **Tom Eastman** , expressed hope that the court would order the former treasurer to pay restitution for the theft, which occurred between **February 2019 and October 2023**.

4. **Financial Fallout**  
The theft left Python NZ in a precarious position, with debts totaling around **$55,000** for conference supplies and only **$26** remaining in their bank accounts.

5. **New Measures Implemented**  
In response to the incident, Python NZ has introduced new transparency and accountability measures to prevent future financial misconduct.

**Read more at:** [Interest.co.nz](https://www.interest.co.nz/technology/130074/carlos-cordero-treasurer-python-nz-stole-money-high-profile-society-over-several)