Couple accused of stealing almost $2 million from Vassar College

Arthur Fisher was led from Town of Poughkeepsie Court after police accuse Fisher and his wife, Jennifer, of stealing nearly $2 million from Vassar College

"It is the largest amount of money that I have ever encountered in any criminal charge that I can remember," said Town of Poughkeepsie Police Department Captain Paul Lecomte.
Investigators say Fisher takes the money while working as a construction project manager at Vassar from 2005 to 2010. School officials are tipped off a little more than a month ago when they notice numbers not adding up with some of Fisher's projects.
"And it put up a red flag and we looked further in to it," Vassar College spokesman Jeff Kosmacher said.
Town of Poughkeepsie Police say Fisher uses a phony construction company the couple set up as a front. Investigators say they deposit $1.9 million into its bank account, with the money coming from construction project budgets Fisher is managing.
"When we discover that there is a possibility that someone is doing something against the trust that we cultivate here, it really has thrown us for a loop," Kosmacher said.
Both of the Fishers were arrested Friday and police seized several cars, unlicensed guns and phony law enforcement Identification from their home in Westchester County. Investigators say they are looking into why the Fishers had the items.
Jennifer Fisher is out on bail and Arthur Fisher is in Dutchess County Jail.