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Justice News

Department of Justice
U.S. Attorney’s Office
District of Vermont

Thursday, February 7, 2019

Jennifer Dwyer Indicted For Embezzling Over $2 Million from Employer

The Office of the United States Attorney for the District of Vermont stated that Jennifer Dwyer, 48, of St. Johnsbury, Vermont, has been indicted on a charge that she embezzled more than $2 million over a ten-year period from her Lyndonville employer, Northeast Agriculture Sales, Inc. (“NEAG”).  Dwyer was arraigned on the charge by U.S. Magistrate Judge John M. Conroy on January 24, 2019, where Dwyer pled not guilty and was ordered released pending trial.  If convicted, Dwyer faces a maximum possible penalty of 20 years in prison. 

According to the Indictment, NEAG, a family business, was established in 1987 and has locations in Lyndonville and Maine.  Dwyer was NEAG’s bookkeeper from approximately 1998 to 2017.  As bookkeeper, her responsibilities included customer billing, handling company accounts, and managing NEAG’s payroll system.  The Indictment charges that between 2007 and 2017, Dwyer embezzled approximately $2,221,079.47 from her employer through unauthorized electronic transfers of funds from NEAG’s payroll account to her personal checking account.  The government further alleges that Dwyer used the misappropriated funds to engage in on-line gambling and pay personal debts.  The Indictment also contains a Forfeiture Notice notifying Dwyer that it intends to seek forfeiture of any property constituting, or derived from, the proceeds of the alleged fraudulent scheme.          

Dwyer was arrested in Lyndonville by FBI Agents on January 17, 2019.

The United States Attorney’s Office noted that the Indictment is an accusation only and that the defendant is presumed innocent until and unless proven guilty.  Any sentence in this case will be advised by the federal Sentencing Guidelines. 

The Federal Bureau of Investigation is conducting the investigation in this matter.   

This prosecution is being handled by First Assistant U.S. Attorney Kevin J. Doyle.  Jennifer Dwyer is represented by John B. St. Francis, Esq. of Burlington.

Financial Fraud
Updated February 7, 2019