Trust Betrayed: Embezzlement Crisis at Python NZ Forces Community to Rebuild

A detailed account of the significant embezzlement incident involving Python New Zealand's treasurer, Carlos Cordero, and the subsequent efforts by the community to rebuild trust and financial stability.
Trust Betrayed: Embezzlement Crisis at Python NZ Forces Community to Rebuild
Photo by Hiki App on Unsplash

The Unraveling of Trust: A Crisis at Python NZ

In a shocking revelation, Carlos Cordero, the treasurer of Python New Zealand, has admitted to embezzling approximately $70,000 over several years. This devastating breach of trust not only put the society at financial risk but also jeopardized its ongoing activities and annual conference.

Python Community An inclusive community for Python enthusiasts.

The theft, which took place between February 2019 and October 2023, was aimed at personal expenditure and included everything from fast food to computer gadgets. As Cordero navigated the intricate web of deceit, he even applied for a Small Business Cashflow Scheme loan to support Python NZ amid the pandemic—without anyone’s knowledge! This maneuver highlights a profound lack of integrity that has reverberated through the group.

A Community in Crisis

When Tom Eastman, the president of Python NZ, learned of the significant monetary losses, the community felt an overwhelming sense of betrayal. The society, established in 2009 to provide a welcoming environment for learning Python programming, is now forced to reevaluate its operational practices and financial oversight.

The fallout from Cordero’s actions is severe. The society is reportedly $55,000 in debt to conference suppliers, facing a dire situation with just $26 left in its account after years of sustained mismanagement of funds. As someone who has witnessed the enduring spirit of open source communities, it’s painful to see a group pushed to the brink.

“This massive breach of trust has shocked us all,” expressed Eastman, highlighting the emotional toll this ordeal has taken. The trust woven into community organizations is fragile; these events can have lasting repercussions.

As they sorted through bank statements, the scope of the theft became clear. Cordero’s spending habits revealed extravagances that might be considered trivial in isolation but collectively demonstrated a flagrant disregard for his fiduciary responsibilities.

Financial Accountability Financial oversight is crucial for nonprofit organizations.

The Ripple Effect

Interestingly, as the community process began, a silver lining emerged from the cloud of adversity. Organizations like Linux Australia stepped in with a sponsorship package aimed at helping Python NZ pay its creditors and navigate its way through the recovery process. This outpouring of support from the greater programming community stands testament to the solidarity within open source circles. For many, this moment marks both a crisis and a potential rebirth, shining a light on the need for robust financial safeguards.

In response to this unsettling episode, Python NZ is implementing more stringent measures to enhance transparency and accountability. These updates include requiring co-signatures for all banking transactions, ensuring that no single individual has unrestricted access to funds. These preventive measures are not just reactive; they are a proactive approach to uphold the integrity of the community.

Lessons Learned and Looking Ahead

As Cordero faces sentencing on October 10, the prospects for restitution appear grim, especially given that most of the funds stolen have already been exhausted. The lessons learned from this episode will likely serve as critical touchstones for the organization moving forward.

Python NZ has vowed that, despite this crisis, they remain committed to continuing their tradition of hosting events and fostering community engagement. The spirit of the Kiwi PyCon conference is alive, and Eastman’s hope for a rebirth of the organization resonates throughout the ranks.

“This experience will foster a stronger organization,” he observed, as the society gears up to stabilize and rebuild. Indeed, through adversity comes growth, and it seems that Python NZ may emerge with its principles fortified and resolve rejuvenated.

Community Support Support from the community is crucial in recovery efforts.

While the path to recovery will be fraught with challenges, the genuine support from members and allies showcases the resilience of the programming community. Python NZ stands as a stark reminder of the critical importance of trust and accountability in nonprofit organizations. Only by embracing transparency can they ensure a brighter future.

The heart and soul of any community lie in its members, and that’s where Python NZ believes its strength will thrive as they embark on this journey to restoration—more determined than ever to rebuild and reconnect.


In an ever-evolving tech landscape, such events remind us all of the need for vigilance, integrity, and support within our communities. As we aim for technological advancements, maintaining ethical standards must remain our guiding star.