Police have arrested a past president of the State Farm Holiday Classic for allegedly stealing from a nonprofit that runs the charity high school basketball tournament.
39-year-old Kyle W. Myers of Normal has pleaded not guilty to theft of more than $100,000 and less than $500,000 over a two-year time frame.
Myers has been released from detention while awaiting trial.
A grand jury returned an indictment following an Aug. 20 police report and investigation by the Bloomington Police Department. Normal Police were the arresting agency responding to a BPD warrant.
The Class 1 felony carries a possible sentence of up to 15 years in prison and a fine of up to $25,000.
