Sat, Nov 07 2009
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Published April 06, 2009 09:13 pm - NEOSHO, Mo. — A former Leawood treasurer will stand trial on a charge of felony stealing in connection with the alleged embezzlement of more than $300,000 in village money. Ex-village treasurer ordered to stand trial By Derek Spellman dspellman@joplinglobe.com NEOSHO, Mo. — A former Leawood treasurer will stand trial on a charge of felony stealing in connection with the alleged embezzlement of more than $300,000 in village money. Gene “Paul” Boyd, 62, was bound over after a preliminary hearing Monday morning in the Associate Division of Newton County Circuit Court. Authorities allege that Boyd stole at least $325,210 between 2002 and 2008 in his capacity as village treasurer, according to court documents. Still unaccounted for is an additional $673,534 in village money, largely from years preceding 2002. Boyd, a longtime Leawood treasurer, reportedly confessed to his former employer that he had been embezzling money from the village for as long as 21 years, according to court documents. He resigned from his post in October 2008. Denny Desmond, the chairman of Leawood’s Board of Trustees, was the lone witness to testify during Boyd’s hearing Monday. Desmond has been on the board since 2000 and has served as its chairman since 2005. Desmond, a certified public accountant, said he decided last year that it would be a “good business practice” to have a second person verifying the village’s financial information. When he went to do that in October, Desmond said, he uncovered discrepancies between what Boyd had reported to the village trustees and what the accounts showed. The last report Boyd presented showed the village with a community savings account, a checking account and a number of certificates of deposits totaling about $262,000, Desmond said. “I found out there was no community savings account, there were no certificates of deposit, and there was a checking account with a minimal balance,” Desmond said. Boyd resigned after Desmond confronted him about the discrepancy. Desmond testified that Boyd fabricated the village financial reports and bank statements that he previously provided to the trustees. Desmond also said a review of financial records showed that Boyd sometimes deposited checks from the village’s account with Community Bank & Trust into a separate and unauthorized account that Boyd himself established with U.S. Bank. Sometimes, Boyd wrote checks from the Community Bank & Trust account to himself and cashed them, Desmond said. Boyd was bound over for trial by Judge Gregory Stremel after Desmond’s testimony and a brief cross-examination by Boyd’s defense attorney, Dan Whitworth. 
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