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Former Bank Manager Charged With Embezzlement Released From Jail

BASS LAKE – The former Yosemite Bank manager who has been charged with 32 counts of embezzlement was released from jail today on his own recognizance.

Donald Eaves, 53, is accused of embezzling $115,000 from the Oakhurst bank over a 2-year period. He has been behind bars on an $800,000 bond since his arrest on May 15, and appeared in Bass Lake Superior Court today.

Judge Charles Wieland said he considered a long list of factors when deciding whether to release Mr. Eaves, including whether he posed a threat to public safety.

“You are not accused of a crime of violence; the alleged victim is your employer, and you violated that trust and the trust of their customers,” said the judge. Over the objections of the prosecution, the judge agreed with the defense that the bail was not attainable as the defendant has “no assets to speak of.”

Eaves was ordered to attend all court hearings and appointments, report for pre-trial proceedings, submit to search and seizure by any peace officer, and seek employment. He was also ordered to stay at least 25 yards away from Yosemite Bank.

Eaves will be back in court on June 14. If the two sides have not reached a resolution to the case, the judge will set a date for a preliminary hearing.

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Sierra News Online

Sierra News Online