Edgartown lawyer Edward W. (Pete) Vincent Jr. appeared in Edgartown District Court before Judge H. Gregory Williams Thursday morning, May 19, where he was arraigned on criminal charges of fiduciary embezzlement and larceny in connection with the misappropriation of more than $600,000 in client funds.
The legal proceedings were brief. Mr. Vincent sat with his wife and lawyer in the courtroom behind the bar alongside other defendants and waited for criminal clerk Patrick Flynn to call his name.
Mr. Vincent waived the formal reading of the complaints against him. Boston attorney Robert Jubinville represented Mr. Vincent at the arraignment. He entered not guilty pleas on both charges.
The conditions of bail remain unchanged. The court held Mr. Vincent’s passport and he was released on personal recognizance.
The case was continued for a pretrial hearing to July 29.
In March, the Massachusetts Society for Prevention of Cruelty to Animals (MSPCA) and First American Title Insurance Company filed lawsuits alleging that Mr. Vincent had misappropriated money due them from separate real estate transactions in Edgartown.
In April, Mr. Vincent resolved the two civil lawsuits with the help of a $700,000 mortgage loan from Michael Kidder, an Edgartown resident and longtime friend of the Vincent family.
Edgartown Police arrested Mr. Vincent on April 8 following an investigation that began in response to information from the MSPCA.
Mr. Vincent appeared in district court on April 11, when a judge postponed his scheduled arraignment on charges of fiduciary embezzlement and larceny until May 19.
He is also under investigation by the state Board of Bar Overseers, the agency that investigates and disciplines lawyers.