Bement man accused in $10,000 theft from Lions Club
BEMENT — A 54-year-old Bement man is accused of stealing more than $10,000 while serving as treasurer of the community's Lions Club.
Edward Pfau, who works as a federal bank examiner, was arraigned Tuesday in Kankakee County Circuit Court on theft charges.
A Kankakee County grand jury last month returned a three-count indictment against Pfau, following an investigation by the Federal Deposit Insurance Corp.'s Office of Inspector General and the Illinois attorney general's office.
"My understanding was, he had served as treasurer for the club for a number of years," said Scott Mulford, press secretary for Illinois Attorney General Lisa Madigan.
The indictments allege Pfau wrote checks to himself from the Bement Lions Club checking account, taking more than $10,000 between May 2010 and July of 2012. One count is a Class 2 felony; two are Class 3 felonies.
"Instead of properly overseeing the Lion's Club finances, the defendant took money that was intended for projects that Lions members typically sponsor in the community," said Madigan.
Bement is in Piatt County, but Mulford said the indictments came from Kankakee County because at least two of the checks had been cashed there.
In court Tuesday, Kankakee County Judge Kathy Elliot continued Pfau's case to July 15. If convicted of the more serious felony, Pfau faces penalties ranging from probation to three to seven years in prison.
The attorney general's Financial Crimes Prosecution Unit is overseeing the case.
Pfau's attorney, Anthony Bruno of Urbana, said the money that was allegedly missing has been paid back.
"There's no outstanding debt to the Bement Lions Club. All funds that may have been missing are no longer missing."
He added his client has worked for the FDIC for 32 years, and that "there have never been accusations he took money from his employer or the citizens of the United States."