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Ex-Quechee man ordered to pay more in restitution in embezzlement scheme

  • Ryan Wall, left, arrives with Assistant Federal Public Defender David McColgin at U.S. District Court in Burlington, Vt., on Thursday, May 16, 2019. (Glenn Russell photograph)

  • Manager Karen Howe, left, and Amanda Ralph work behind the register on a busy day at the Public House Diner in Quechee, Vt., on Friday, April 19, 2019. The diner, co-owned by Andrew Schain and Scott Bacon, lost $13,000 after Ryan Wall allegedly embezzled from the payroll. (Valley News - Joseph Ressler) Copyright Valley News. May not be reprinted or used online without permission. Send requests to permission@vnews.com.

Valley News Staff Writer
Published: 9/16/2020 9:35:05 PM
Modified: 9/16/2020 9:34:58 PM

RUTLAND — A federal judge has increased the restitution order for a former Quechee resident who defrauded clients at a West Lebanon tax and payroll firm over the course of six years.

Ryan Wall, 42, will now have to pay back nearly $600,000 to 20 different victims — a jump from an original restitution order of $472,000 — according to the amended order signed by U.S. District Judge Geoffrey Crawford last week.

The order comes as Wall awaits the start of a 51-month prison sentence on a wire fraud charge for pocketing money from clients while he worked at Twin State Business Services between 2012 and 2018. He is expected to start serving that sentence in December in FCI Miami, a federal prison in Florida, after his initial report date on September was pushed back because of the COVID-19 pandemic.

Since his sentencing and the date of his original restitution order in June, more victims have come forward seeking payment.

Two of the recent victims are Dana’s by the Gorge in Quechee, to which Wall has now been ordered to pay over $56,000, and Gilt Edge Builders in Enfield, to which he is required to pay over $18,000. The Quechee restaurant is listed as permanently closed on its Facebook page, and an employee at the Enfield contractor declined to discuss the case Monday.

The debts Wall owes to other victims range from $500 to the Public House Diner in Quechee to nearly $118,000 to J.A.S. Auto Body in White River Junction.

According to the order, Wall will have to pay 10% of his monthly salary until the debt is paid off. He has already made $12,500 in payments since June.

The case stems from a series of crimes Wall committed while he ran payroll services for TSBS, which was owned by his then-wife and his mother- and father-in-law.

Prosecutors have said that while Wall worked there, he stole money from his clients that was supposed to go to the Internal Revenue Service or state tax departments and put it in an escrow account. He then wrote checks to himself and sent “hundreds of thousands” of dollars’ worth of wire transfers to third parties, U.S. Attorney Greg Waples has said.

Wall has said in court that he used some of the money to support a drug addiction and that he’s been sober ever since checking himself into a rehab facility in late 2018.

Wall’s former employer, TSBS, is listed as one of the victims in the restitution order, with a claim of $16,500.

David McColgin, an attorney representing Wall, declined to discuss the case Monday.

Anna Merriman can be reached at amerriman@vnews.com or 603-727-3216.

Valley News

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