PIATT COUNTY MAN APPEARS ON THEFT CHARGES
Chicago — Attorney General Lisa Madigan said a Piatt County man, who works as a federal bank examiner, was arraigned today on charges of theft from a local service organization for which he served as its long-time treasurer.
A Kankakee County grand jury last month returned a three-count indictment against Edward Pfau, 54, of Bement, following an investigation by the Federal Deposit Insurance Corporation's Office of Inspector General and Madigan's office that revealed Pfau wrote checks to himself from the Bement Lions Club's checking account. According to the indictment, Pfau took more than $10,000 of funds between May 2010 to July 2012.
"Instead of properly overseeing the Lions Club finances, the defendant took money that was intended for projects that Lions members typically sponsor in the community," Madigan said.
Kankakee County Judge Kathy Elliot today ordered the case continued to July 15, 2013. If convicted of the charges, Pfau could face two to seven years in the Illinois Department of Corrections. The public is reminded that the defendant is presumed innocent until proven guilty by a court of law.
Assistant Attorney General Robin Murphy is handling the case for Madigan's Financial Crimes Prosecution Unit.