Donald Eaves, 53, appeared in Bass Lake Superior Court this morning for a bail review hearing. He is charged with 32 counts of grand theft and embezzlement.
However, the District Attorney’s Office has made an offer to settle the case without going to trial, and they are currently in discussions with Eaves’s attorney about a potential resolution. The details of the offer are confidential.
Eaves was arrested on May 15 after what was described by District Attorney David Linn as a “lengthy investigation” into crimes allegedly committed during the defendant’s tenure at Yosemite Bank. Linn’s office is not releasing details of the allegations at this time.
Though Mr. Linn is confident of the charges, he is concerned that there may be exposure to civic organizations in which Eaves has participated.
“I would encourage anyone who is part of a group where Mr. Eaves served as a financial officer to contact my office if they have any questions or concerns,” says Linn.
The preliminary hearing set for May 24 has been vacated, and Eaves is scheduled to be back in court on June 5. If the two sides have not reached a settlement agreement at that time, the judge will address the issue of bail and set a new date for the preliminary hearing.
Eaves remains behind bars on an $800,000 bond.