The former president of the Yulee Little League is being charged with felony fraud and grand theft after allegedlY misappropriating more than $94,000 in league funding.
William Reynolds III, 39, was arrested in Yulee Thursday morning following an investigation by the Nassau County Sheriff’s Office that began in early May.
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Reynolds had taken on the role of president in late 2023.
According to the arrest warrant affidavit, suspicious financial irregularities involving then-president Reynolds were reported to NCSO by YLL leadership, who believed he was using league funds for unauthorized personal purchases. Several that he claimed were league-related were deemed unauthorized after he allegedly refused to provide receipts.
In just 2024 alone, NCSO determined that Reynolds made unauthorized transactions totaling $82,474. He allegedly spent nearly $13,000 on Amazon, $1,300 on hotels, and $3,169 at gas stations. Other notable transactions listed were $115 to Florida Power & Light, $105 for Hulu, and payments at dental and urgent care clinics.
Reynolds’ bond was set at $15,002 for each of the two charges..
We are working to obtain his booking photo and a statement from YLL.
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