BOSTON (MyFoxBoston.com) – A former officer of the Cape Cod chapter of Disabled American Veterans is accused of stealing approximately $125,000 from the charity.
Mass. Attorney General Martha Coakley said Richard Trott, Sr., 62, of East Sandwich, was indicted on a charge of larceny over $250.
Coakley said Trott, the former president of Disabled American Veterans of the Cape and Islands, transferred money to personal accounts and withdrew DAV money for his own personal use. Trott was the president of Cape Cod Chapter 96.
Investigators also found Trott had created several organizations with names similar to the DAV to trick people into thinking they were donating to help disabled veterans.
"He created other corporations and took the money from the DAV account and moved it over into these other corporations," said Ken Kooyman, the Deputy Commander of the Disable American Veterans department of Massachusetts.
Trott created companies with names like United Veterans Council of Cape Cod, and the Disabled Veterans Association of Cape Cod, set up to defraud donors. He then transferred money into personal accounts.
A routine visit required by the group's bylaws uncovered the scheme.
Trott is expected to be arraigned in Barnstable Superior Court at a later date.
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