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 In
- Most Popular
- Most Emailed
- TOMORROW'S HEADLINES TODAY:
- TODAY'S WEATHER MINUTE: Rutland Herald content editor Rich Alcott shares local weather information and easily digestible news tidbits.
- TODAY'S WEATHER MINUTE: Dresden firebombing helped bring Nazis to knees, killed at least 25,000 civilians, men, women, children, dogs, cats; Veena in Sitka, BIG NEWS FLASH! Old guys get grumpy with age.
- TOMORROW'S HEADLINES TODAY: Update on Center Alley project, review of opiate talk evening at the library and aldermen want kids to wear helmets while riding bikes around town.
- TODAY'S WEATHER MINUTE: Flood watch in effect for Rutland County, developing El Nino shaping up to be extreme this year, Don DeLillo on the season's warming trend and Veena catches digital sniffles, all in today's minute.
- TOMORROW'S HEADLINES TODAY: Dramatic river rescue in Southern Vermont, Castleton moving ahead on sale of old town office building, Passover celebrated in Woodstock.