STATE COLLEGE — Two women who worked for a downtown property rental management company now face charges they stole more than $300,000 from their employer over 7.5 years.

According to charging documents, Korey L. Haupt, 40, of Bellefonte, told police she began stealing the money to support her cocaine habit and doesn’t have any of the money left.

Christina E. Poblete, 36, of State College, told police she stole rent money and admitted to stealing $60,000.

Altogether, police said they stole $301,596 since 2005. The dollar figure was calculated by a certified public accountant who analyzed Continental Real Estate’s financial records after a report was made to police.

Haupt and Poblete each are charged with two felony theft counts, a felony receiving stolen property count and three felony conspiracy counts. They were charged late last week and have already waived their rights to preliminary hearings.

Police said they received a report from Continental in January after the employees had admitted to a manager they’d been stealing for years.

According to the charging documents, Haupt told police the thefts began as a way to pay for cocaine, but she would pay back whatever she took by stealing other money.

Haupt told police she got clean for two years only to relapse and steal money again.

“Haupt said that it got to the point that the stolen money became too much to pay back,” police wrote in the charging documents. “Haupt was just keeping above water by paying for old debts with new stolen money.”

Haupt told police she was aware of Poblete’s alleged theft and helped cover it up.

John Hanna, Continental’s manager and president, said the two women are no longer employed with the company, which took “swift and decisive action” after finding out about the alleged thefts.

“They were members of our family,” Hanna said. “They violated our trust.”

Haupt and Poblete are free on $15,000 bail.

Mike Dawson can be reached at 231-4616. Follow him on Twitter @MikeDawsonCDT