A Northfield man has been charged with defrauding $560,000

Vermont Business Magazine The United States Attorney’s Office for the District of Vermont announced the arrest of John Van Voet, 72, of Northfield, Vermont, on Friday, May 12, 2023, in Brunswick, Georgia. Van Vut is expected to appear before a United States Magistrate in Brunswick, Georgia today.

According to court records, on May 11, 2023, a federal grand jury in Burlington, Vermont, returned a three-count wire fraud indictment in connection with the embezzlement of $560,000 from Valenet, a nonprofit operating in the Upper Valley. Van Vout performed contract accounting work for Valenet between 2010 and July 2022. During that time, Van Vout transferred $560,000 from Valenet’s accounts to his personal bank account.

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Van Voet hid the transfers by understating Valenet’s income based on the income on the balance sheet. Van Voet hid the embezzled money by buying properties in Georgia and Florida.

The U.S. Attorney’s Office emphasized that the charges contain only allegations and that Van Voet is presumed innocent until convicted of a crime. Van Voet faces a maximum sentence of 20 years in prison for each count of wire fraud. The exact sentence is determined by reference to the United States sentencing guidelines.

United States Attorney Nicholas P. Kerst praised the investigative efforts of special agents with the Federal Bureau of Investigation.

Assistant United States Attorney Jonathan A. They are Offred. Van Vut has not yet retained or appointed counsel.

Source: 5.15.2023 Burlington, Vermont – United States Attorney’s Office

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