Lakeville Woman Accused of Stealing Booster Club Funds

Nov 5

A former Lakeville booster club treasurer is accused of stealing tens of thousands of dollars from two organizations, using the money to gamble and pay personal bills.

According to a criminal complaint filed in Dakota County, 46-year-old Holly Nichole Flood is charged with two felony counts of theft by temporary control after allegedly misusing funds from two Lakeville booster clubs where she served as treasurer.

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Investigators say Flood admitted to taking money for personal use while volunteering as treasurer for both clubs between 2019 and 2024.

Police first received the report of missing funds on July 18, 2024. The reporting party told officers that after Flood recently stepped down, members noticed numerous checks made out to her, along with ATM withdrawals and personal spending unrelated to club activities. When they asked for the financial records, Flood refused to cooperate.

Flood served as treasurer for one club from April 2019 through March 2024 and for another from February 2019 through June 2024. She was not paid for either role. Officers obtained partial bank statements showing checks written to Flood and casino ATM withdrawals. The club was expected to have at least $30,000 in its account, but members found the balance much lower.

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When officers interviewed Flood, she initially said she reimbursed herself for purchases she had made for the clubs. About a week later, she provided financial documents to police and admitted during a second interview that she had been struggling financially and took money from both clubs. She told officers she did not intend to harm the organizations and tried to repay what she could. Flood said the spending “spiraled,” and she had used gambling in attempts to recoup the losses.

Police later obtained casino gaming records showing Flood lost approximately $41,000 between 2022 and 2023. After executing search warrants for the clubs’ accounts, investigators found extensive personal transactions, including ATM withdrawals, checks to Flood under both her current and prior names, electronic payments to people connected to her, and personal expenses such as insurance and electric bills.

Investigators determined that between March 2021 and March 2024, $50,091 was taken from one club account, and between Aug. 2022 and June 2024, $32,036 was taken from the other. Records also showed Flood made partial repayments totaling $30,262, including a $27,636 cashier’s check issued after she resigned.

Flood is scheduled to make her first court appearance Dec. 9 in Hastings.

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