Finance Director Charged With Stealing from CBAA

Central Bucks Athletic Association's finance director was arraigned Thursday on charges he stole at least $6,600 from the organization.

According to court documents, Robert F. Bannon Jr., 38, of Pipersville, is charged with theft by deception, theft by unlawful taking, receiving stolen property and theft by failing to deposit funds.

District Judge Maggie Snow set his bail at $100,000. Bannon’s preliminary hearing is scheduled for May 12. 

A statement on the Central Bucks Athletic Association website acknowledges the situation.

“We recently discovered that registration money for the BUSC Futsal Program that was offered last winter was not deposited into our bank account.  We did a review of the events leading up to the missing money and determined that our standard operating procedures were not followed," the organization said in the statement.

"A different registration system was created outside of the secure site we have used for years, leading to the ability to divert $7,100 from CBAA Soccer. We attempted to resolve this matter internally without success, and as a result, contacted the Bucks County District Attorney’s office,” the statement said.

“The District Attorney’s office completed their investigation of this matter and we are hopeful that the outcome will result in full restitution of the missing funds.  Today, the Bucks County District Attorney’s Office has filed a series of theft related charges against Robert Bannon, our Director of Finance, CBAA Soccer.”

“We will continue to support and welcome Mr. Bannon’s family as part of the CBAA community and hope for a quick resolution to this unfortunate situation,” the website said.

The nonprofit Central Bucks Athletic Association was founded in 1973 and offers recreational and travel soccer, basketball and lacrosse programs to the youth of Central Bucks County. 

“All monies derived through fees, donations or fund raising shall be used to offset expenses associated with the conducting and encouraging of sports activities,” according to the organization’s website.