Woman gets jail for fraud chargesOctober 11,2012Woman gets jail
on fraud counts
A Hubbardton woman was sentenced to 21 months in jail for defrauding Vermont corporations, banks and residents of more than $70,000 so she could buy horses.
Ruth Tucker, 66, formerly of Randolph Center, was indicted by a federal grand jury on July 15, 2010 for bank fraud and then again in October of that year for wire fraud.
According to court records, in 2009, Tucker got loans totaling $55,000 from the Community Capital of Vermont and the Addison County Development Corporation so she could re-establish her small business and to hire Vermonters.
Instead, she used the funds to buy registered Morgan horses and to pay for their training and board as well as other horse-related expenses, according to federal prosecutors in Vermont.
The U.S. attorney’s office said Tucker also defrauded People’s United Bank (formerly the Chittenden Bank) and KeyBank by writing large checks on accounts with insufficient balances, to the tune of $18,000, also for horse-related items.
And she wrote bad checks to local individuals and businesses who also suffered losses, prosecutors said.
Tucker was arrested by the U.S. Secret Service in August 2010 and pleaded guilty to an indictment in June 2011.
- Most Popular
- Most Emailed
- RICHARD'S POOR ALMANACK: On this day 1739, 'Richard Palmer' identified in prison at York Castle as the notorious outlaw DICK TURPIN; IN 1836, Battle of the Alamo begins near San Antonio de Bexar, Texas; 1896, the Tootsie Roll invented by LEO HIRSCHFELD.
- RICHARD'S POOR ALMANACK: On this day in 1472, Orkney, Shetland islands put up as collateral by Norway to Scotland in lieu of dowry for MARGARET OF DENMARK on her marriage with JAMES III, king of Scotland; 1962, JOHN GLENN first American to orbit Earth.
- TOMORROW'S HEADLINES TODAY: City mayoral candidates debate campaign issues; Hartford, Conn., woman still missing; Neal Goswami reports attempts to legislate suicide; local woman loses 100 pounds through TOPS program.
- RICHARD'S POOR ALMANACK: On this day in 1878, JOHN TUNSTALL murdered near Lincoln, New Mexico, by the outlaw JESSE EVANS; in 1930, ELM FARM OLLIE first cow to fly in aircraft, first to be milked airborne; 1955, nuke test WASP; '79, snow in Sahara.
- TOMORROW'S HEADLINES TODAY: Rutland Herald News Editor Alan J. Keays and staff writer Gordon Dritschilo discuss stories planned for the February 18, 2015, edition of the newspaper: Winter budgets maxed, legal marijuana, Springfield bank job, USPS slowdown
- RICHARD'S POOR ALMANACK: On this day in 1249 AD, ANDRE of LONGJUMEAU is dispatched by LOUIS IX of France to meet the KHAGAN, ruler of the Mongol Empire; in 1804, during 1st Barbary War, STEPHEN DECATUR scuttles the pirate-held USS Philadelphia in Tripoli.