WWD.com/business-news/legal/jacobs-employee-released-on-bail-453276/

NEW YORK — Kyle Avila, who was arrested Monday for stealing $62,000 from a Marc Jacobs boutique in the West Village here, was released on bail Wednesday, the Department of Correctional Services said Thursday.

Avila, 25, a store employee, had been charged with one count of grand larceny in the second degree. A spokeswoman at the Manhattan District Attorney’s office said bail was set at $2,500.

A store manager, Mike Okerson, said a review of the deposits from the Marc Jacobs store located at 385 Bleecker Street from May 1 to 6 indicated that the deposits were short $67,977.60, according to the criminal complaint filed in a Manhattan state court.

Court papers said Avila, a native of California, allegedly admitted to “stealing money from the money drops.”

The name of Avila’s attorney could not be learned at press time.

This story first appeared in the May 16, 2008 issue of WWD.  Subscribe Today.