POTTSTOWN, Pa.—Authorities in Montgomery County are preparing for the imminent custody of a local attorney and Florida resident accused of embezzling $300,000 from a cherished nonprofit organization. Adam Seger, 56, is set to surrender in Sarasota, Florida as legal procedures align for his transfer, following constant communication between detectives and Seger’s legal representation.
The embezzlement case came to light after a thorough investigation revealed that the funds were stolen in June 2019, but the theft went unnoticed until February 2025. Seger, an attorney and board member of The Carousel at Pottstown, allegedly orchestrated a fraudulent scheme involving one of the nation’s oldest wooden carousels. The Carousel, crafted by the distinguished Philadelphia Carousel Company, occupies a special place in the community’s cultural and historical landscape.
In a bid to fund substantial renovations for the iconic carousel, Seger reportedly deceived the organization by claiming to seek financial support from a local philanthropist. Instead, police discovered he had secured a $300,000 line of credit by presenting falsified board approval documents. The intended enhancements for the carousel were never initiated, as Seger used the philanthropic donation to settle the credit line, depriving the nonprofit of crucial funding.
The implications of this deceit have resonated deeply within the community, affecting not only the preservation efforts of the historic carousel but also impacting trust within local philanthropic circles. Authorities charged Seger with multiple felonies, encompassing theft by deception, failure to make required dispositions, forgery, among other related allegations.
This case highlights critical vulnerabilities in nonprofit governance and underscores the necessity for diligent oversight in financial dealings, particularly when charitable institutions are involved.
Legal experts comment that this trial could set important precedents in how nonprofit boards ensure accountability and transparency in their operations, potentially influencing future regulatory measures.
While the case continues to develop, and the community seeks restitution and healing, questions linger about preventive measures and the implications for broader nonprofit governance reforms. The systemic issues exposed by this situation call for a robust conversation on enhancing protective frameworks for nonprofits against internal fraud.
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