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May 20, 2011

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Three indicted in theft of $2.5 million from Vassar College

POUGHKEEPSIE – The Dutchess County grand jury has indicted three people on 11 counts in connection with a series of thefts totaling almost $2.5 million from Vassar College in the Town of Poughkeepsie.

Charged were Arthur Fisher, 44, Jennifer Fisher, 38, and Christopher DeSanto, 31, all of Ossining.

The indictment charges Arthur and Jennifer Fisher with one count of grand larceny in the first degree, a felony, for the theft of over $1.9 million.

District Attorney William Grady said it is alleged that the Fishers created a fake company called C&R Construction Services and submitted invoices for services that were never performed for rehabilitation and construction projects at the school. At the time, Arthur Fisher was a project manager in the school’s building and grounds department.

The indictment also charged Arthur Fisher with grand larceny in the second degree, also a felony, for the theft of over $350,000 from the school. It is alleged he created another fake company, Good Shepherd Construction, and submitted invoices for services that were never performed.

Arthur Fisher and DeSanto were also charged with felony second-degree grand larceny. Fisher allegedly submitted invoices to the school with monies paid to DeSanto for services that were not performed. That totaled $142,000.

Arthur Fisher is also accused of eight counts of forgery and criminal possession of a forged instrument.

Both Fishers were originally charged with grand larceny in Town of Poughkeepsie. Jennifer was released on $50,000 bond and Arthur was committed to the Dutchess County Jail on $100,000 cash bail or $200,000 bond.

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