Everything is bigger and brighter in New York, even the youth sports embezzlement.
As reported by the New York Post, a treasurer for New York Gothams Youth Baseball, a youth baseball association based on the city’s Upper West Side, was arraigned for embezzling $90,000 from the not-for-profit organization. William Jacobvitz, who was a volunteer with the organization, allegedly withdrew funds from the league’s account more than 50 times between 2011 and 2014.
While it is not clear precisely what the funds diverted by Jacobvitz were earmarked for, New York City DA Cyrus Vance Jr. issued a statement alleging that the money taken by Jacobvitz could have paid for youth scholarships. Instead, Jacobvitz reportedly used thousands of dollars to pay for auto repairs and siphoned other funds into personal accounts.
The 56-year-old Jacobvitz claims to be a general contractor on LinkedIn, a career change that he has pursued for just five years after nearly three decades as the manager of chain restaurants in the Times Square area.
Now it’s likely that Jacobvitz will spend time behind bars, a period in which the Gothams will hopefully be able to re-establish some of the financial footing he has already cost them.