A Barnstable County Grand Jury Friday returned an indictment against an East Sandwich man, accused of fleecing donors of a local disabled veterans fund. According to a release from the Massachusetts Attorney General's Office, Richard Trott, Sr., 62, is alleged to have stolen $125,000 from the Cape Cod and Islands Chapter of the Disabled American Veterans, Inc. (DAV).
During his time as president of the local DAV chapter, Trott is believed to have not only pocketed funds donated to the organization, but to have created unrelated organizations to defraud donors.
Authorities investigating Trott's actions between 2009 and 2011, discovered he transferred funds from DAV accounts into his own personal accounts and withdrew money with an ATM card and personal checks made out to cash, the release said.
"We further allege that he created unrelated organizations in a thinly-disguised effort to defraud donors who believed they were supporting disabled veterans in their community," said MA Attorney General Martha Coakley. Trott reportedly diverted money from the official DAV account to bogus accounts with names including Cape Disabled Veterans Home, Inc,, Disabled Veterans Association of Cape Cod and the Islands and United Veterans Council of Cape Cod and the Islands, Inc., according to the Attorney General's Office.
After the case against Trott was reviewed by the Cape and Islands District Attorney's Office, it was turned over to the state Attorney General's Office who began their investigation in May 2013.
DAV is a veterans advocacy and assistance group, chartered by Congress in 1932.
The grand jury indicted Trott on the charge of larceny over $250. Trott will be arraigned in Barnstable District Court at a later date.