Former New Haven police chief charged with stealing $85,000 in agency funds

Karl Jacobson, city's police chief for three years, is accused of pilfering money from fund meant to pay informants

An official who recently resigned as police chief of one of Connecticut's largest cities was arrested on Friday on larceny charges after allegations that he stole more than $85,000 from two department accounts - money that was meant to pay for certain informants as well as a youth extracurricular program.

Karl Jacobson, who abruptly retired from the New Haven police department in January, turned himself in on an arrest warrant. He was later released on a court-set bond of $150,000, a state prosecutor said in a news release. Jacobson faces two counts of larceny related to defrauding a public community.