Skip to Content

Former Portneuf Valley Soccer Club President charged with Felony Grand Theft

Akamai Advisors

BANNOCK COUNTY, Idaho (KIFI) — The former President of the Portneuf Valley Soccer, Cristie Stone, has been charged with Felony Grand Theft following an investigation into the organization's finances.

Stone served as the President of the PVSC from 2020 until late 2024. The charges, filed by the Bannock County Prosecutor's Office, came after an internal forensic audit uncovered significant financial irregularities.

The Accusations and Timeline

According to the criminal complaint filed on June 16, 2026, Stone is accused of one count of grand theft involving more than $219,000 from the PVSC between March 1, 2022, and December 30, 2024.

The investigation began on February 25, 2025, when the Pocatello Police Department received a call from a PVSC finance administrator about possible fraud in the organization. An incident report from the PPD says the financial administrator was reconciling multiple existing copies of financial records in QuickBooks and similar software in October 2024 into one single record. That's when she noticed the PVSC would be reporting a loss for the first time in her memory. This led to her gathering transaction data from the organization's bank accounts.

The administrator flagged over 16 suspicious transactions at Idaho Central Credit Union between January 2023 and April 2024. She also found suspicious transactions from their Citizens Community Bank account from August 2023 to January 2025, totaling $219,884.38 between both accounts.

The incident report says that after the transactions were discovered in October 2024, "the Board of the Portneuf Valley Soccer Club met several times regarding these transactions and specifically asked Cristie Stone about these transactions, what they were for, and substantiating documentation that these were legitimate expenses. [The financial administrator] reported that Stone offered varying explanations and alleged that her personal credit card had been linked to the PVSC checking account by mistake and that she had not noticed."

It was also reported that the Soccer Club Board called an emergency meeting on February 25, 2025, with the "intent to restrict or remove Stone as Club president."

Investigators served a search warrant to ICCU to gain access to the transaction history. Further investigation determined that the funds had been transferred from a PVSC account into a personal ICCU credit card account belonging to Stone.

Internal Audit Uncovers Discrepancies

The PVSC Board of Directors publicly announced the investigation in a news release on June 17. According to the board, leadership took decisive action after discovering initial financial discrepancies, immediately retaining an independent forensic accounting firm to review the club's financial records and transactions.

The findings of that audit were subsequently handed over to Bannock County Prosecuting Attorney Ian Johnson for evaluation and legal action.

"Because the matter is under review by the Prosecutor’s office, PVSC will not make comments on individuals, evidence, or potential legal proceedings," PVSC President Mary Keller said in the release. "PVSC recognizes that all parties are entitled to due process and will not engage in further public discussion that could interfere with the investigative process."

What Happens Next?

Stone's formal arraignment is scheduled to take place on July 7, 2026, at 1:15 p.m. at the Bannock County Courthouse. If she's found guilty, Stone faces up to 14 years in prison and/or a fine of up to $5000.

EDITOR'S NOTE: As in all criminal cases, charges are merely accusations, and the defendant is presumed innocent until and unless proven guilty in a court of law.

Article Topic Follows: News

Jump to comments ↓

Author Profile Photo

News Team

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.