The Atlantic Police Department reports the arrest on Thursday of 60-year old Peggy Jacobs. The Atlantic woman was taken into custody on a charge of 5th degree theft. Jacobs was booked into the Cass County Jail and later released on $300 bond.

Police Chief Steve Green says Jacobs was arrested for allegedly having in her possession a little more than $100 worth of unpaid merchandise taken from the Atlantic Wal-Mart store. Jacobs is a Special Education Resource instructor at the Washington Elementary School.

In a statement to the media, Atlantic Schools Superintendent Dr. Michael Amstein  said “At this point the school is conducting their own investigation. No determination in regards to discipline will be made until the schools own investigation is completed.”

(Updated 9:30-a.m.)