Major New Ulm Embezzlement 25 May 12

A New Ulm man faces multiple counts of felony theft for allegedly taking nearly $100,000 from the Brown County Agricultural Society and the New Ulm Baseball Association while serving as Treasurer of the organizations. 59-year-old Robert J. Reinhart has been charged with 16 counts of felony theft, and is scheduled to make his first appearance in court on June 5th. Reinhart had served as Treasurer of the Ag Society since the 1990s, and apparently wrote over $91,000 in checks from the organization to himself and his business. He also allegedly took out a $30,000 unauthorized loan in the Ag Society’s name, and took around $10,000 from a hail damage fund. Nearly $21,000 had been repaid in recent years. Reinhart is also accused of writing nearly $8,000 worth of checks to himself from the New Ulm Baseball Association account. He reportedly told police that he planned to pay back all funds owed to both organizations, and admitted to using the money to pay business and personal debts.