FOR IMMEDIATE RELEASE
(Rocky Hill, CT) - A Litchfield attorney was arrested today and charged with embezzling almost $1 million from a charity that supports U.S. military veterans and their families.
Kevin E. Creed, 69, of 39 Brynes Avenue, Litchfield, was charged with one count of Larceny in the First Degree.
The arrest is the result of an investigation conducted by the Statewide Prosecution Bureau in the Office of the Chief State’s Attorney following a complaint by an attorney for the Fisher House Foundation and the Fisher House Foundation in Connecticut (FFH-CT). The Fisher House Foundation is located in Maryland. Its mission is to build “Fisher Houses” on properties associated with U.S. Department of Veterans Affairs hospitals and on U.S. military installations that include major medical facilities. A Fisher House is a multi-unit residence where veterans and their families can stay while undergoing medical treatment.
According to the arrest warrant affidavit, Creed ran the FFH-CT out of his law practice in Bristol. Between January 2015 and November 2018, while he collected donations that were raised by various organizations around the state, Creed embezzled approximately $985,000 when he failed to transfer those funds to the charity and, instead, used them for his own purposes.
Creed was arraigned today and a $250,000 non-surety bond was set. His next court appearance is scheduled for December 9, 2020, in New Britain Superior Court, G.A. No. 15. The charges against him are merely accusations and he is presumed innocent unless and until he is found guilty.
Larceny in the First Degree is a Class B felony punishable by not less than one year and no more than 20 years in prison and/or a $15,000 fine.
The case is being prosecuted by the Statewide Prosecution Bureau in the Office of the Chief State’s Attorney. The bureau is grateful for the assistance it received from the Rocky Hill Police Department.