DA Vance: William Jacobvitz Indicted for Stealing More Than $90,000 From Little League Nonprofit


October 16, 2015

Manhattan District Attorney Cyrus R. Vance, Jr., today announced the indictment of WILLIAM JACOBVITZ, 56, for stealing more than $90,000 from New York Gothams Youth Baseball, Inc. (“Gothams”), a nonprofit youth athletic organization. The defendant is charged in a New York State Supreme Court indictment with one count of Grand Larceny in the Second Degree. [1]

“This defendant is accused of committing a big theft from a beloved Little League organization,” said District Attorney Vance. “Many nonprofits rely on charitable donations to support programs benefitting the communities they serve, and in this case, the defendant is charged with misappropriating tens of thousands of dollars that may have otherwise have gone toward scholarships for aspiring young athletes.”

According to the indictment and documents filed in court, JACOBVITZ served as the organization’s treasurer and, in this capacity, acted as the signatory and sole monitor on Gothams’ bank accounts. Between November 2011 and April 2014, the defendant is charged with making more than 50 unauthorized withdrawals from Gothams’ accounts, amounting to more than $90,000 in theft. The defendant also used a debit card associated with Gothams’ accounts to pay for personal car repairs totaling thousands of dollars. As a result of JACOBVITZ’ conduct, Gothams’ reserve fund was nearly depleted.

To date, the defendant has not repaid any of the money taken from Gothams, which derives most of its revenue from players’ fees and donations, and provides athletic training programs for participants between the ages of 13 and 18.

Assistant District Attorney Catherine McCaw is handling the prosecution of the case, under the supervision of Assistant District Attorney Archana Rao, Principal Deputy Chief of the Financial Frauds Bureau, Assistant District Attorney Michael Sachs, Chief of the Financial Frauds Bureau, and Executive Assistant District Attorney David Szuchman, Chief of the Investigation Division. Financial Investigator Miriam Bouchma, of Forensic Accounting and Financial Investigations, provided additional assistance with the investigation.

[1] The charges contained in the indictment are merely allegations, and the defendant is presumed innocent unless and until proven guilty. All factual recitations are derived from documents filed in court and statements made on the record in court.

Defendant Information:

WILLIAM JACOBVITZ, D.O.B. 6/14/1959
New York, NY
Charged:

  • Grand Larceny in the Second Degree, a class C felony, 1 count

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