The defendant in the latest of a string of embezzlement cases in Vermont was recently sentenced to 27 months in jail and ordered to pay more than $348,000 in restitution, the Rutland Herald reports.
According to the court, former Ira town treasurer Donald Hewitt misappropriated more than $400,000 from the town. The losses may have been greater due to the fact that a forensic accounts payable audit could not go back past 1998, which was when Hewitt claims the embezzlement began.
He was employed by the town for more than 30 years before resigning in November 2009.
The recently released 2011 Marquet Report on Embezzlement found that Vermont is the most at-risk state in the nation for loss due to embezzlement of funds. The news source notes that the former manager of the town of Hardwick's electrical department was sentenced to three-and-a-half years in prison earlier this month for misappropriating $1.6 million from the utility.
In addition to Vermont, several other states – including New York, Florida and Pennsylvania – had average embezzlement losses exceeding $1 million last year, according to the report.