On Monday, November 24, 2014, 39-year-old Corey Borah of 113 Cranbrooke Drive in Seffner, was arrested by Hillsborough County deputies on a Polk County warrant charging him with Grand Theft, Fraud, Tampering With Witness, and Making False Entries in Corporate Books, after investigation revealed he stole thousands of dollars from a youth baseball organization.
According to the affidavit, Borah has served on the Board of Directors as Treasurer for the Mulberry Dixie Youth, Inc. sports organization. In September 2014, the President of the Board, Anthony Smith, made a deposit into the organization’s Magnify Credit Union account because Borah wasn’t available, and noticed that the balance on the bank statement was “significantly lower” than it should have been. Smith called a board meeting and asked Borah to attend and bring all check cards assigned to the account – Borah declined. As a result, the board members voted to have the funds frozen and audited.
The audit results showed that Borah withdrew over $10,000.00 in illegitimate purchases, including payments for hotel rooms, gasoline, restaurants, a car wash, and several cash withdrawals (one of which was for $1,900.00). Borah hid the activity by making false entries into the corporation books and semi-monthly account summaries. Borah submitted some requested receipts to Smith only detailing authorized purchases, along with a letter that he was regretful, disgusted, and ashamed. The letter also asked Smith to not disclose his transgressions and to let him repay the stolen funds through a payment plan. Smith declined, and reported the theft to authorities. For these activities, Borah was charged with Tampering With a Witness.
The illegal activity took place from January 2013 through September 2014 when it was discovered by Anthony Smith. On the aforementioned date, Borah was arrested without incident at his Seffner home by HCSO deputies. Despite Borah’s claims that he stole money due to his financial hardship, he retained a private attorney upon his arrest.
The money in the Mulberry Dixie Youth, Inc. account was designated for the construction of a new batting cage. Due to the grand theft of funds by Borah, the organization is unable to fund this project. Some of the money in the account was raised by the kids when they held a charity car wash.
“Corey Borah systematically stole funds for almost two years from trusting parents and board members who are trying to provide recreation for children. Anyone who would take money from a child deserves to be behind bars.” – Sheriff Grady Judd