BRATTLEBORO, Vermont — A Woodstock businessman has been sentenced to 27 months in prison after pleading guilty to federal fraud charges.
The U.S. attorney's office says the court also ordered Paul Hendler on Thursday to pay $550,000 in restitution and serve three months on probation after his release.
Hendler was charged with mail and wire fraud, interstate transportation of stolen money, forgery and engaging in monetary transactions involving more than $10,000 of criminally-derived property. A federal grand jury indictment accused him of scheming from 2005 to 2010 to defraud two Vermont businesses he helped found — JavaPop, Inc. and Green Mountain Digital — and a New York investor in one of the companies.
The court also ordered Hendler to pay back the victims.