Secretary accused of embezzling $33K from Ariz. association - FOX 10 News | fox10phoenix.com

Secretary accused of embezzling $33K from Ariz. association

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Kala Pearson Kala Pearson
LAKE MONTEZUMA, Ariz. -

A woman has been accused of stealing money from a property owners association in northern Arizona.

Yavapai County Sheriff's officials say 57-year-old secretary Kala Pearson stole $33,000 from Beaver Creek Village Property Owners Association (BCVPOA).

In November, BCVPOA board members told deputies they were missing the money from the association's corporate bank account. They told them only three people had access to the account, including association secretary, Kala Pearson.

The money was raised in 2009 for a bridge for residents landlocked during flooding situations. In 2011, the agreement fell through and the bridge proposal was withdrawn.

Afterward, deputies say residents asked for their pledge money back but Pearson told them they needed to wait.

Investigators found that Pearson had withdrawn the pledge money for either personal use or with deposits to the Beaver Creek Community Development Corporation (BCCDC), which she is president of.

Between August and September of 2012, deputies say Pearson deposited checks to BCCDC.

Deputies say Pearson also used the BCVPOA's debit card for food purchases at local markets.

Board members told detectives the funds were taken without their knowledge or consent.

Detectives found documents supporting the board's allegations and Pearson admitted to stealing the money.

She was arrested on Dec. 20 and faces charges of theft by extortion. Her next court date is Dec. 27th.

The Associated Press contributed to this report.

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