The former treasurer of the Drew County Fair Board this week pleaded guilty to theft.
In exchange for her guilty plea, Brenda Reed, 65, was sentenced to 10 years in prison plus an additional 10-year suspended sentence. She will be eligible for parole in two years.
Reed was arrested in May 2018 following an investigation into missing Drew County Fair & Livestock Association funds.
Over the course of five years, Reed reportedly stole or misappropriated more than $200,000.
A 2018 affidavit for a warrant for her Reed’s arrest outlines the case facts that led to her arrest:
“The Drew County Fair Board used two banks, Commercial and Union banks of Monticello. From bank statements obtained from both banks it was found that checks were written for cash and endorsed by Reed in excess of $37,000. Reed had stolen monies from both bank accounts and it is estimated to total approximately $167,000.
“On March 15, 2018, Brenda Reed was interviewed about the theft of the monies from the Drew County Fair. She admitted that over the past several years as treasurer she has taken money from the accounts to pay her personal bill(s) as well as bills for her son Brison Reed’s business, which is B&M Land Management. Reed, who also is employed by Pomeroy and McGowin Land Management, used their accounts to funnel money in the amount of approximately $39,843. Reed said she would use electronic transfer from the Fair Board accounts to Pomeroy and McGowin accounts. Reed said she cannot remember where all the monies went or how much she took.”