WOBURN — A 47-year-old Dracut man is being held on $10,000 cash bail as he faces larceny and tax evasion charges in connection with allegations he stole over a million worth of equipment from a Woburn-based company where he used to work.
Robert Gantz was indicted earlier this year on five counts of larceny over $250, five counts of tax evasion and a single count of false entry into corporate books, according to court records.
Prosecutors say Gantz worked for Beacon Health Options, a behavioral health management company, and it’s predecessor, as a vice president in charge of information technology operations from 2010 to August of 2015.
In October of 2015, the company noticed “irregular purchasing practices” and began an internal investigation, according to prosecutors.
An investigation determined Gantz used company funds to purchase computer switches that the company did not need, and then use the internet to resell the switches to third-party wholesalers, according to prosecutors.
Court filings say those computer switches were worth about $10,000 each.
Prosecutors say Gantz concealed his thefts by falsifying corporate records regarding the need for the equipment, and the equipment’s location in inventory.
Prosecutors say in court filings that Gantz’s alleged scheme cost the company over $1 million.
Gantz’s salary with the company was about $150,000, but prosecutors say in court filings that the proceeds of Gantz’s alleged scheme matched or exceeded his annual pay in some yeas.
Prosecutors also say Gantz never reported the income he generated via the scheme to the Department of Revenue, which means his tax filings underreported his income by as much as 75 percent in some years.
“In 2014, the year he bought his new house, he reported income of $163,398 yet his actual gross income was over $653,000,” prosecutors wrote in court filings.
Gantz failed to appear at his scheduled arraignment on Feb. 13, and a default warrant was issued for his arrest, according to court records.
Gantz was finally arraigned on the charges in Woburn Superior Court on March 13. He was released on personal recognizance but required to wear a GPS tracking device, according to court records.
Gantz again failed to appear at a scheduled hearing in court on April 12, and another default warrant was issued for his arrest, according to court records.
When Gantz next appeared in court on April 26, Judge Judith Fabricant ordered him held on $10,000 cash bail, according to court records.
Gantz was involved in several youth sports programs in Dracut in past years, and in 2008 served as president of Dracut Pop Warner.
Gantz cut ties with the organization a couple years later, though, and is no longer associated with the league, according to Brian Martin, vice president of the organization’s board of directors.
Martin said officials at Dracut Pop Warner intend to review their finances from the years when Gantz was involved to be sure there are no irregularities.
Gantz’s attorney, David Larsen, of Somerville, could not immediately be reached for comment.
A spokeswoman for Beacon Health Options declined to comment.
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