A Las Vegas woman was arrested after she allegedly stole more than $50,000 from the rental properties she managed.

Nancy Lou Skay, 50, was charged April 14 with first-degree theft, a Class C felony.

Between January 2008 and January 2009, Skay managed the alleged victim’s rental properties and collected damage deposits. Complaints said Skay received $43,366 over the year, which she deposited into a Hills Bank account.

Iowa City police said Skay failed to turn over the funds, claiming that an “Internet hacker” used her account to transfer out $95,000.

Skay reportedly e-mailed the alleged victim acknowledging she owed the money.

An investigation revealed her account had not been externally breached, and she was allegedly transferring the money into her personal accounts.

In December, Skay reportedly failed to turn over three rent deposits totaling $8,175; police allege the total theft amount to be more than $51,000.

— by Brian Albert