Former St. John's Prep CFO indicted on theft charges

March 18, 2010, 10:47 am
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(NECN: Woburn, Mass.) - A former chief financial officer of St. John's Prep has been indicted on charges he stole over $ 80,000 from the school.

Brian Dalphonse, 41, of New Hampshire was indicted Wednesday by a Salem Superior Court Grand Jury on charges of four counts of larceny over $ 250 and three counts of false entry into corporate books.

"The defendant is alleged to have violated the trust bestowed upon him as the Chief Financial Officer of St. John's Prep," Middlesex District Attorney Gerry Leone said. "We allege that the defendant abused this trust and stole over $80,000 from the school."

Leone's office took over prosecution of the case due to a conflict of interest with the Essex County District Attorney's Office.

Dalphonse left his position as CFO in the fall of 2009.  The school then hired a forensic accounting firm to audit the school's accounting functions.  Several discrepancies were said to have been revealed from 2006 to 2008.  Dalphonse is alleged to have stolen approximately $ 81,842.21 -- payments for two vehicles, checks written to a former employee of the school and personal items bought on the school's credit card.

St. John's Prep is a non-profit school in Danvers.

Tags: St. John's Prep, Brian Dalphonse
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