Swanton man charged with embezzling copper wire - WCAX.COM Local Vermont News, Weather and Sports-

Swanton man charged with embezzling copper wire

Posted: Updated:

COLCHESTER, Vt. (AP) - Vermont police say a Swanton man has been charged with embezzling large quantities of copper wire from a cable company where he worked as a supervisor and selling it to a scrap metal dealer in New York.

Colchester police say 44-year-old Stephen Davis is accused of stealing more than 14,000 pounds of wire from Champlain Cable Corporation in Colchester and selling it for more than $46,700.

Police say Davis also is facing a charge of income tax fraud for failing to report the income.

Davis was arrested on Monday. Police say the investigation is continuing and more arrests are possible.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.