Tucson fraternity board president convicted of $500K fraud

Michael Woolbright, the former president of the Tucson Delta Chi Alumni Board, was convicted of fraud and theft for stealing over $500,000 from the fraternity's housing board. A Pima County jury found him guilty on five counts of fraudulent schemes and one count of theft for issuing unauthorized checks and wire transfers while concealing these actions from board members between 2015 and 2020. Arizona Attorney General Kris Mayes highlighted the importance of holding Woolbright accountable for his actions, which nearly destroyed the fraternity. The current board president expressed that while the verdict brings a sense of justice, it is not a cause for celebration, as the trust placed in Woolbright was deeply violated. Woolbright is scheduled for sentencing on April 28, 2025, and the fraternity plans to implement financial safeguards to prevent future misconduct. This case reflects broader concerns about accountability within organizations that manage significant financial resources.