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Press Release

Matthew Morgan Pleads Not Guilty to Bank Larceny

For Immediate Release
U.S. Attorney's Office, District of Vermont

The United States Attorney for the District of Vermont announced that Matthew Morgan, 51, of Burlington, pleaded not guilty today in United States District Court in Burlington to a charge of bank larceny.  U.S. Magistrate Judge John M. Conroy ordered that Morgan, who is currently serving an unrelated Vermont state sentence, be detained pending trial, which has not been scheduled.

On December 3, 2020, a federal grand jury in Burlington returned a one count indictment charging Morgan with stealing money and property worth more than $1000 from Citizens Bank, a federally-insured financial institution.  The charge stems from the theft of an ATM machine from the University of Vermont campus last September.  At the time of the theft, the ATM machine contained about $23,000 in cash.  The indictment also seeks to forfeit a 2011 Jeep Patriot automobile, which allegedly was bought with proceeds of the ATM theft.  

The United States Attorney emphasizes that the charge against Morgan is merely an accusation and that he is presumed innocent unless and until he is proven guilty.

If convicted, Morgan faces up to ten years of imprisonment and a fine of up to $250,000.  The actual sentence would be determined with reference to federal sentencing guidelines.

This case was investigated by the University of Vermont Police Department and the Federal Bureau of Investigation.

Morgan is represented by Assistant Federal Defender Stephen Barth.  The prosecutor is Assistant U.S. Attorney Gregory Waples.

The year 2020 marks the 150th anniversary of the Department of Justice.  Learn more about the history of our agency at

Updated December 21, 2020

Asset Forfeiture
Financial Fraud