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13-year-old boy steals $25,000 from his grandfather and hands it out to classmates

By Mason White 5:54 AM April 13, 2015
Cash illustration 

By: Wayne Morin
A 13-year-old boy is under investigation after he stole money from his grandfather and gifted the money to classmates.

Police in Ohio, said that the Claggett Middle School student took $25,000 from his grandfather and handed out $100 bills to classmates.

Authorities said that the teen distributed thousands of dollars before school officials discovered what was happening.

The school notified the Medina and Medina Township police departments, who began investigating the incident.

Police said that a large part of the money had already been spent by “adults, guardians or associates of the children who received the money.”

Now, many of those people are under investigation for their role in this incident.

Police have so far recovered about $7,000 in cash. They also confiscated merchandise, which were bought with the stolen money.

Police are still trying to figure out how the child got the money from his 83-year-old grandfather. They say it is too early to say whether charges will be filed against the child.