Newport police chief Michael Capriglione says 48-year-old Cynthia Reynolds of Elkton, Maryland, turned herself in on Friday.
Police say the thefts began in 2004 and continued through 2007, totaling more than $128,000. Capriglione says that number is likely to rise.
Police say Reynolds falsified entries into the town's books and was discovered on March 27th after a state official noticed there had been no contributions from Newport into the state pension plan for several months. That led to a criminal investigation, and Reynolds was fired on March 31st.
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