The former executive director of the Kosciusko County Board of Realtors has been arrested, accused of using board money for personal use for several years. Elizabeth Irene Kennedy, 52, of 8601 S. CR 600W, Claypool, was booked into Kosciusko County Jail just after 2 p.m. Friday on two counts of felony theft, the fallout of a three-month investigation by Warsaw police into some $28,000 reportedly swindled from the board of realtors accounts. According to Warsaw police, Kennedy made purchases for herself, an acquaintance and her family “consistently” for four to six years during her time as executive director of the board. She then manipulated the board’s account funds to hide the scheme, according to police. As executive director, Kennedy handled financial transactions and the board’s accounting.Kennedy has been with the realtor board since 2003. Detectives found personal charges on the board’s books beginning in 2004, with personal charges increasing between 2009 and this year, police said. Kennedy resigned from the post in May after the swindling was uncovered. The Kosciusko County Board of Realtors is a not-for-profit organization that represents real estate agents and interests in the county. Kennedy is free after posting a $5,000 bond.
