A Certified Public Accountant who spent decades managing money for major firms is now accused of quietly draining hundreds of thousands of dollars from the Oklahoma City triathlon club she served as treasurer. Jane Hresko faces two charges after investigators say she funneled more than $358,000 in club funds into an Oklahoma City-area casino over a four-year span, all while she alone controlled the group's daily financial records.
Oklahoma County court filings charge Hresko with one count of embezzlement and one count of obtaining property by trick, deception, or false representation, according to KOCO. The Triathlon Club of Oklahoma City, known as Tri-OKC, confirmed Hresko was its former treasurer and said it had identified financial irregularities and reported the matter to police. Court records describe Hresko as the sole individual with day-to-day control over the club's financial records.
A CPA With Decades of Industry Credibility
Hresko is a licensed CPA in Oklahoma who served as an Assurance Manager at Oklahoma City accounting firm CPAOKC, PLLC, bringing more than 45 years of public and private accounting experience, including past stints with global firms KPMG and Deloitte. She had been employed by Steakley & Gilbert PC since 1992 before the firm merged into CPAOKC. For a nonprofit built on volunteer trust and modest membership dues, that resume made her an obvious choice to hold the books — and, according to investigators, gave her the access to exploit them for years without detection.
Checks Written Directly to the Treasurer
An investigator's affidavit detailed that between May 2019 and May 2023, more than $358,000 in unauthorized club funds were spent at an Oklahoma City-area casino, per the same KOCO report. The affidavit also describes numerous checks written directly to Hresko that lacked valid receipts or any business records to support the payments. According to the probable cause affidavit, Hresko provided her own reasoning for the spent funds and has since hired an attorney.
The alleged scheme reportedly came to light only after Tri-OKC switched its primary banking institution. The new bank flagged the account for potential fraud, triggering an internal audit that the club says led it to identify the irregularities and bring the matter to the Oklahoma City Police Department. The club has since said it has strengthened its financial controls and oversight, adding that its focus remains on protecting the organization and serving its members and Oklahoma's multisport community.
What Tri-OKC Means to Local Athletes
Founded in 2003, Tri-OKC is a nonprofit dedicated to supporting Central Oklahoma endurance athletes of all skill levels, according to TRI-OKC.
What Hresko Could Face
Under Oklahoma statute 21 O.S. § 1451, embezzling funds or property valued at $25,000 or more is a felony punishable by up to 10 years in state prison, a fine of up to $10,000, and mandatory court-ordered restitution to the victim, according to the Law Firm of Oklahoma. Hresko's bond was set at $15,000, and the timing of her next court appearance remains unclear.
