By Brad Segall
ABINGTON, Pa. (CBS) - An Abington man was arrested after being accused of stealing about $40,000 from two youth sports organizations in Montgomery County.
He was released after posting 10 percent of his $10,000 bail.
Prosecutors say Michael Hrouda was the President and Treasurer of the Abington Bulldogs Wrestling Club and Treasurer of the Ardsley North Hills Athletic Association.
Police say between 2008 and 2012 he withdrew cash from the organization's bank accounts and wrote checks from their accounts without authorization.
District Attorney Risa Ferman says the bottom line is that he was stealing from the kids.
"When you have someone who is in a position of trust, often who is a volunteer with the organization, and they are ripping the organization off -taking their funding - it's a complete shot in the gut to these organizations," she said.
Authorities say some of the money was spent on computer equipment, but Ferman says because much of it was cash withdrawals it's harder to trace where the money went.
The 36-year-old man is facing theft and related charges.
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