Magnolia Police report that, on June 14th, a report was filed with them of possible financial fraud and property theft, with the victim being South Arkansas Youth Services. The PD reports that an investigation was initiated which found evidence of financial abuse, as well as some property missing from the agency. They said the investigation identified multiple suspects; and on Wednesday, they arrested 36-year-old Aric Shane Knight and 36-year-old Jennifer Knight of Magnolia. Aric and Jennifer are identified as former employees of South Arkansas Youth Services. Both were charged with Theft of Property by Fraud valued at more than $25,000. Aric has been released on $50,000 bond. Jennifer has been released on $10,000 bond. The investigation continues.