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James Blose Faces 30 Years In Prison For Bank Embezzlement
A Connecticut man who held powerful positions at several banks, including General Counsel and Executive Vice President, faces up to 30 years in prison for orchestrating a decade-long embezzlement scheme that defrauded his employers of more than $7 million, federal authorities said.
James Blose, 56, waived indictment and pleaded guilty in New Haven federal court to bank fraud and illegal monetary transactions on Friday, Dec. 20, per the US Attorney for Connecticut. His actions, spanning from 2013 to 2023, were uncovered after an extensive investigation by federal authorities, inclu…
