Police: Man stole $50K from youth football league
Guillermo Chacon accused of embezzling funds from Miami-Dade Xtreme Youth Football League
A man embezzled nearly $50,000 from the Miami-Dade Xtreme Youth Football League, police say.
Guillermo Chacon turned himself in to Miami-Dade police on Tuesday. He was charged with second-degree grand theft, eight counts of uttering forged instruments, and organized fraud.
According to an arrest affidavit, from August 2011 through December 2012, Chacon embezzled $49,993 from the league by making cash withdrawals from the league's JPMorgan Chase bank account.
Each month, Chacon provided the league's executive board with fraudulent bank account statements, police say.
In November 2012, Chacon showed the board an account balance of $61,893.18, according to an arrest affidavit. JPMorgan Chase showed an account balance of $9,489.81 during the same time.
According to police, each monthly bank statement has a bar code that changes from month to month. Chacon used the same bar code on each bank statement he provided to the executive board.
Chacon served as treasurer, according to the league.
Rich Raphael, the president of the Miami-Dade Xtreme Youth Football League, wrote a letter to park commissioners, saying in part: "A theft report was immediately filed, and all accounts associated with Mr. Chacon were closed and new accounts have been opened. Furthermore, Mr. Chacon has been suspended from his duties as treasurer subject to a formal removal hearing, and I have appointed Mr. Jesus Palacios as the interim treasurer pending further investigation."
READ: League's letter to commissioners
Chacon is being held on $12,500 bond.