The East Sandwich man accused of stealing more than $125,000 from the Cape Cod chapter of Disabled American Veterans while serving as that chapter’s president is set to be arraigned tomorrow in Barnstable Superior Court.
Richard Trott Sr., 62, is accused of diverted funds to himself and creating unrelated organizations to defraud donors who believed they were supporting disabled veterans, according to a press release from attorney general Martha Coakley’s office.
He has been indicted by a Barnstable County grand jury on the charge of larceny over $250.
“We allege that this defendant stole tens of thousands of dollars from this veteran’s organization, depriving disabled veterans and their families of much needed assistance,” Ms. Coakley 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.”
The state attorney general’s office began an investigation in May 2013 after the matter was referred by the Cape and islands district attorney’s office. Mr. Trott was the former president of the Disabled American Veterans, Inc. (DAV) of the Cape and Islands, Chapter 96. DAV is a national charitable corporation that was congressionally-chartered in 1932 for the sole purpose of representing the interests of disabled veterans and their families. Each state has a department of the DAV and each state department, in turn, comprises multiple chapters.
Authorities allege that from 2009 to 2011, Mr. Trott stole approximately $125,000 from the organization. The investigation revealed that Mr. Trott allegedly transferred funds from DAV accounts into his own personal accounts and continuously withdrew DAV money for his own personal use, using ATMs and checks payable to himself.
Further investigation also revealed that Mr. Trott allegedly created several organizations with names intentionally similar to the DAV in an effort to defraud donors who believed they were donating to help disabled veterans. Authorities allege that Mr. Trott diverted money intended for the Chapter 96 DAV into these unrelated organizations, which included “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.”
This case is being prosecuted by assistant attorney general Anne Kaczmarek of Ms. Coakley’s Enterprise and Major Crimes Division with assistance from financial investigator Marco DePalma, state police officers assigned to the attorney general’s office, and the Cape and Islands district attorney’s office.