I was just reading about the three former executives from Specialty Filaments, now bankrupt. They frauded the Wells Fargo bank and Vermont Economic Development Authority of over $1 million.
Jeff Audette, the ex-vice president, received three years’ probation and a fine. Paul Mammorella, the ex-director of finance, was sentenced to three years’ probation, four months of house arrest, a fine, and 100 hours of community service. Donald Marler II, ex-president and CEO, hasn’t been sentenced yet. He’s probably holding out for a lighter sentence.
Where is the justice in this country? No wonder the Wall Streeters and bankers almost brought this country down. White collar crime does not get punished. If me and a few of my blue-collar friends had ripped off over $1 million, I’m sure we’d be looking at about 15 years.
Oh, the Assistant U.S. Attorney Gregory Waples said they acted out of good intentions. I’ve got good intentions, too. Good intentions of having a house on the beach someday.
West RutlandMORE IN Letters
- Most Popular
- Most Emailed
- TOMORROW'S HEADLINES TODAY: Jim Jeffords' legacy, Brandon takes a few questions about proposed budget, beleaguered city playground likely to move, woman awakes to find strange man with knives standing at her bedside.
- TOMORROW'S HEADLINES TODAY: Former U.S. Senator James Jeffords dies Monday in Washington D.C., a local man is beaten and robbed while walking on West Street, Clarendon sets a tax rate and Brandon convenes an informational public meeting about its budget.
- RICHARD'S POOR ALMANACK: On this day in 1915, the New York World publishes scoop: Thom. Edison diverts chemical from war production to help German pharmaceutical company make aspirin; on this day in 1935, Will Rogers, Wiley Post die in Alaska plane crash.
- TOMORROW'S HEADLINES TODAY: State panel briefed on smuggling drugs into prisons; new French-German documentary about Vermont's heroin addiction; solar project at Vets Home falls apart; update dispute between Open Door Mission and treatment center.
- TODAY'S WEATHER MINUTE: Climatologists might not know as much about El Nino as they thought they knew. New studies show 10,000 years ago, El Nino was active, and polar ice sheets were rapidly melting — just like today.
- TOMORROW'S HEADLINES TODAY: State colleges get a budget cut break, vandals spray paint Wallingford basketball court, state's attorney will replace lost deputies, cop lawsuit proceeds, Mendon mini-golf proposal makes headway.