Police: Man Embezzeled $50,000 From Scholarship Fund

Police: Man Embezzeled $50,000 From Scholarship Fund

A 51-year-old Hampton Bays man who embezzled more than $50,000 from a scholarship fund that was set up in memory of a 9/11 victim was arrested Thursday and charged with second-degree grand larceny, according to police.

Southampton Town police said Warren K. Booth III stole the money from the Arthur J. Jones III Scholarship Fund between August 2010 and now. Arthur J. Jones III was killed in the World Trade Center on September 11, 2001. Police said Jones’ family set up the scholarship fund for Hampton Bays School District students and Booth was serving as the administrator of the fund.

Booth turned himself in to police Thursday. He was held overnight then arraigned at Southampton Town Justice Court on Friday morning, when he was released on his own recognizance.

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