Treasurer indicted for stealing $90,000 from New York baseball club for teenagers

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Saturday, October 17, 2015

NEW YORK -- Prosecutors say the treasurer of a New York City youth baseball organization stole more than $90,000 that was supposed to be used for sports programs for teenagers.

William Jacobvitz was indicted Friday on a second-degree grand larceny charge.

Manhattan District Attorney Cyrus Vance Jr. says Jacobvitz stole from New York Gothams Youth Baseball Inc. between November 2011 and April 2014.

Prosecutors say Jacobvitz was the group's treasurer during that period and made more than 50 unauthorized withdrawals from its bank accounts.

They say he used the organization's debit card to pay for personal car repairs totaling thousands of dollars.

The money came from players' fees and donations. Vance says it has not been repaid.

Jacobvitz's attorney, Stephen McCarthy, said his client pleaded not guilty.