A former president of the Cape Cod chapter of the Disabled American Veterans charity pleaded not guilty today to stealing approximately $125,000 in donor funds, prosecutors said.
Richard Trott Sr., 62, of Sandwich was arraigned in Barnstable Superior Court on a charge of larceny over $250. He was indicted in late December, Attorney General Martha Coakley said in a statement.
Authorities allege that between 2009 and 2011, Trott stole the money by transferring it from the organization’s accounts into his personal accounts and then withdrawing the money for his own use, using ATMs and checks made payable to himself.
Trott also allegedly created organizations with names such as “Cape Disabled Veterans Home, Inc.” and “Disabled Veterans Association of Cape Cod and the Islands” in an effort to defraud donors, officials said.
The attorney general’s investigation began in May after the office was alerted to the matter by the Cape and Islands district attorney’s office.
Trott is due back in court Feb. 21 for a pretrial conference.
Superior Court Judge Gary Nickerson today set his bail at $5,000 and ordered him not to leave the state if he posts bail.