Former college leader found dead after allegations of embezzlementFebruary 21,2013The former acting president of Southern Vermont College has killed himself after being accused of embezzling $400,000 from the school, police said Thursday.
Vermont State Police said James Beckwith was found dead in his home Wednesday by a self-inflicted gunshot wound.
Beckwith, the former chief financial officer and chief operating officer of the small liberal arts school, was accused of taking the money between October 2012 and January, depositing it into his personal account, and using $260,000 to pay down two mortgages on his South Londonderry home.
The U.S. Attorney's office said Thursday it filed a complaint alleging the home and account are forfeitable as proceeds of mail fraud and as property involved in money laundering.
When questioned about the matter, Beckwith resigned from the college Feb. 3.MORE IN This Just InTODAY'S WEATHER MINUTE: Rutland Herald content editor Rich Alcott shares local weather information and easily digestible news tidbits: A fiery pit nicknamed the 'Gate of Hell' in the Karakum desert in Turkmenistan has been burning for 40 years. 0Rutland Herald content editor Rich Alcott shares local weather information and easily digestible... Full StoryRICHARD'S POOR ALMANACK: Workers on this day in 1984 in a Cheshire, England, peat bog find well-preserved human remains at least 2,000 years dead, born this day in 1843, Robert Todd Lincoln, eldest son of the president, present at three assassinations. 0Rutland Herald content editor Rich Alcott uploads data direct to your head: Workers on this day... Full StoryTOMORROW'S HEADLINES TODAY: Josh O'Gorman reports on the impact of state budget cuts on state colleges, Rutland Town welcomes Donna Zeller as town clerk, Bryanna Allen in Killington for chili cookoff and Haley talks up big Shrine game with N.H. and Vt. 0Rutland Herald News Editor Alan J. Full Story
- Most Popular
- Most Emailed
- TOMORROW'S HEADLINES TODAY: osh O'Gorman reports on the impact of state budget cuts on state colleges, Rutland Town welcomes Donna Zeller as town clerk, Bryanna Allen in Killington for chili cookoff and Haley talks up the big Shrine game with N.H. and Vt.