Another one of those articles about a treasurer allegedly stealing, this time from a co-ed local, Alpha Theta, at Dartmouth:
http://thedartmouth.com/2011/04/18/news/alphatheta
This of course is why fraternities and sororities are encouraged to have their ducks in a row regarding multiple signatures on checks, regular audits, "bondable" treasurers, and other financial safeguards.
I've said it before and
of course I'll say it again: trust no one.