David Eisenhart, a 44-year-old former business manager of Wilkins Harley-Davidson in Barre, Vermont, has been sentenced to one year and one day in prison for his role in a complex scheme that defrauded a Vermont credit union.
Eisenhart, who was employed at the motorcycle dealership from 2011 to March 2015, admitted to embezzling more than $15,500 in cash deposits made by customers buying bikes. He concealed the thefts by not reporting or underreporting the amount of the deposit in Wilkins’ accounting system and falsifying the dealership copy of the bill of sale.
Additionally, Eisenhart made false statements to the New England Federal Credit Union in connection with his purchases of a used Cadillac Escalade and a BMW motorcycle. He obtained a loan of almost $59,000 for the Escalade by submitting a falsified invoice and sold the vehicle for $26,000 without informing the credit union. He also obtained a loan of nearly $12,000 to refinance the purchase of the motorcycle by submitting a falsified bill of sale.
The indictment alleged that Eisenhart’s scheme caused a loss of over $68,000 to the credit union and its members. United States District Judge Geoffrey Crawford sentenced Eisenhart to one year and one day of imprisonment and three years of supervised release following his prison term. Eisenhart was also ordered to pay restitution totaling more than $68,000.
Eisenhart will begin serving his sentence on April 3. The case was investigated by the Barre Police Department and the Vermont Department of Motor Vehicles.
Eisenhart is represented by Mark Kaplan, and the prosecutor is Assistant U.S. Attorney Gregory Waples.
The case serves as a reminder of the importance of holding individuals accountable for their actions and ensuring that those who engage in fraudulent activities are brought to justice.
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Key Facts
- State: Vermont
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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