JEFFERSONVILLE, Ind. (AP) – A southern Indiana civic group’s former treasurer faces charges alleging he embezzled nearly $100,000 intended for college scholarships.
Forty-nine-year-old Keith Sellmer of Clarksville was formally charged last week with 15 counts each of theft and forgery and was released after posting bond.
The News and Tribune reports Sellmer had been treasurer of the Jeffersonville Jaycees when he deposited $100,000 from the sale of a building into a Jaycees bank account intended for college scholarships.
Authorities allege bank records show 11 checks totaling more than $86,000 shifted that money from the Jaycees’ bank account to Sellmer’s personal account.
But State Police say the Jeffersonville Jaycees’ losses totaled nearly $97,000.
Court documents don’t show Sellmer has an attorney who might comment on the case, and he has no published telephone listing.