1/3/2013 1:57:00 PM Grand jury indicts Pearson on 11 counts
VERDE VALLEY - A Yavapai County grand jury has indicted Kala Pearson on 11 counts of theft related to money she allegedly withdrew from the accounts of a property owners association in McGuireville.
Of the 11 counts, six are felonies and five are Class 1 misdemeanors.
Each count is related to an individual withdrawal, with the addition of a single Class 2 felony count for theft in excess of $25,000.
According to a report released by the Yavapai County Sheriff's Office, the largest withdrawal was in the form of a check for $20,000, written on Aug. 16, from the account of the Beaver Creek Village Property Association to the RHC Community Development, LLC.
RHC Community Development, LLC, formed in 2010, is a for-profit corporation.
According to its articles of incorporation it was formed to assist individuals interested in leasing, or purchasing properties purchased by the Beaver Creek Community Development Corporation, owners of the Ranch House Restaurant and Beaver Creek golf course.
Those same articles note that the LLC is to operate at an "arms length" from other companies or organizations. Arms length refers to the principle that all parties in a transaction are acting independently, on an equal footing and looking out for their own self-interests.
The Arizona Corporation Commission lists Janet Aniol as the statutory agent for RHC Development Corporation LLC, Camp Verde accountant Walter Miller as the manager and Frank Greene as its sole member.
Aniol also serves as the secretary of the Beaver Creek Community Development Corporation, Miller as BCCDC's treasurer and Greene is the husband of Pearson, who serves as the BCCDC's president and CEO.
According to the sheriff's report, Pearson signed three other Beaver Creek Property Owners Association checks amounting to an additional $3,450, between Aug. 15 and Sept. 29, 2012, and deposited them in the account of BCCDC.
The report states that she also withdrew $8,000 from the BCPOA account on Aug. 30, the day before the Ranch House had its grand opening, and had a cashier's check made out at National Bank of Arizona. The report states that it is uncertain how the money was deposited at NBA.
Pearson also made a withdrawal from the BCVPOA account on Sept. 15 for $1,600 in the form of a cashier's check with no payee.
The additional counts are related to charges made to a debit card issued to the BCVPOA. All three were made in September 2012, including $575.80 at Food City, $26.30 at AZ Tire Express, $36.31 at Bashas' and one for $9.10 at Ernie's Smoke Shop.
According to the report, Pearson admitted using the debit card for personal use for all the debit card transactions except the one at AZ Tire Express.
How BCCDC and RHC Community Development LLC used the funds deposited in the accounts is unknown. The board of the BCCDC has scheduled a shareholders meeting for 6:30 p.m. on Jan. 17 at the Ranch House Restaurant.