- Associated Press - Friday, November 6, 2015

BURLINGTON, Vt. (AP) - The former head of technology at the parent company of a popular Vermont cheesemaker has pleaded guilty to wire fraud in connection with the theft of $1 million.

WCAX-TV reports (https://bit.ly/1QiLiiv ) that 53-year-old Ronald Rup Jr. entered the plea to a felony charge of wire fraud on Thursday in Burlington.

Records show Rup was responsible for buying information technology network equipment for Agri-Mark from 2012 to 2014. Agri-Mark owns Cabot Creamery.

Rup admitted to purchasing unnecessary property for the company and converting the items to his own use or selling them and pocketing the proceeds.

He is facing up to 20 years but is expected to receive a lighter prison term when he’s sentenced May 10. His lawyer says Rup is “extremely remorseful.”

___

Information from: WCAX-TV, https://www.wcax.com


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide