Youth Baseball Treasurer Allegedly Stole Over $90,000 From The League
I wanted to start the week on a high note, but thanks to one Manhattan youth baseball league treasurer, that's no longer possible.
William Jacobvitz was arrested Friday for allegedly embezzling more than $90,000 from the New York Gothams youth baseball organization.
Jacobvitz, who was the only volunteer with access to the not-for-profit league's account, reportedly withdrew money 50 times from 2011 to 2014. Following his Friday arrest, Jacobvitz was arraigned in Manhattan Supreme Court on a single count of grand larceny.
Apparently, the 56-year-old's illegal activities were brought to light when a fellow employee insisted on gaining access to New York Gothams' bank records.
Prosecutor Catherine McCaw said,
Bail was set at $20,000, and I've lost a little more faith in humanity.