Former Treasurer of Lynn VFW Arraigned in Connection with Stealing More Than $300,000 from Organization
BOSTON – The former treasurer of the Lynn VFW has been arraigned in connection with stealing more than $300,000 from the non-profit organization, Attorney General Martha Coakley’s Office announced today.
George Robertson, age 65, of Lynn, was arraigned in Middlesex Superior Court on the charges of Larceny over $250 (4 counts) and the False Use of the Name of Benevolent Organization. Robertson entered a plea of not guilty and was released on personal recognizance.
In May 2011, the AG’s Office began an investigation after the matter was referred by the Malden Police Department. George Robertson worked as the Quartermaster, or Treasurer, of the Lynn VFW 507 (VFW). From September 2010 through May 2011, authorities believe Robertson fraudulently withdrew and transferred funds from the VFW bank account to his own account held at a bank in Stoneham. Authorities allege that he stole $303,079. In recent years, the VFW had been experiencing declining membership and financial difficulty. As a result of their financial condition, in November 2010, the VFW sold its headquarters and the surrounding property. It was after the sale of the VFW that authorities allege Robertson stole the majority of the money.
The alleged larceny became apparent when a bank manager where Robertson held his account noticed that Robertson was depositing VFW checks into his personal account. According to authorities, at the end of May 2011, Robertson gave the bank manager a letter, insisting it was discussed and agreed upon by the VFW, authorizing him to place “approved” monies from the VFW into his personal account to pay bills. Investigators discovered that no such meeting was held and no such letter was approved by the VFW.
A Statewide Grand Jury returned indictments against Robertson on March 8, 2012. Robertson was arraigned in Middlesex Superior Court on April 4, 2012. Clerk Magistrate Matthew Day presided over the arraignment. Robertson is due back in Middlesex Superior Court on May 15, 2012 for a pre-trial conference.
The case is being prosecuted by Assistant Attorney General Margret Cooke, Chief of AG Coakley’s Fraud and Financial Crimes Division, with assistance from Investigator Taylor Glynn and the State Police from the AG’s Office.