Former Board Member Charged with Embezzling $300K

Adam Sager, a former board member and attorney for the Carousel at Pottstown, has been charged with multiple felonies for allegedly embezzling $300,000 from the nonprofit organization in 2019. The funds were intended for renovations of the historic carousel but were instead used by Sager to settle a $451,000 civil judgment against him. Authorities discovered the theft in February 2025, revealing that Sager had falsified board documents to secure a $300,000 loan, which he repaid with a donation intended for the nonprofit. The Carousel at Pottstown, which operates the second oldest wooden carousel in the U.S., suffered financially due to the theft, leading to reduced operating hours. An arrest warrant has been issued for Sager, who currently resides in Sarasota, Florida. The case is being prosecuted in Montgomery County, Pennsylvania.