Church treasurer accused of stealing waives hearing

| October 14, 2010

The man charged with embezzling more than $100,000 from a Moravian church in Upper Nazareth Township where he served as treasurer gave up his right to a preliminary hearing Wednesday.

Dennis J. Solt, 60, told church officials he stole more than $115,000 from Schoeneck Moravian Church and used the money to fund his work as a day trader, according to court records.

At a Wednesday hearing before District Judge John Capobianco, Northampton County Detective Robert Miklich said the amended amount was more than $120,500. Solt has repaid $40,000 to the church, 316 N. Broad St, according to court records.

Solt, of Lower Nazareth Township, is charged with theft by failure to make required disposition of funds received, theft, receiving stolen property and misapplication of entrusted property. He is free on bail.

According to court records:

Solt served as treasurer of the church for more than three years, from Jan. 1, 2007, until Feb. 14 this year.

An audit at the church revealed Solt had issued 188 checks to himself while reporting the money had been paid to other sources, according to the court records.

At a meeting with church officials and the auditor last May, Solt admitted that he had taken the church's money and used it for day trading.

 

http://articles.mcall.com/2010-10-13/news/mc-upper-nazareth-moravian-church-the20101013_1_church-treasurer-property-and-misapplication-preliminary-hearing

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Category: Church Security

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