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56°
Friday, mar 14
Tag:
Signal Lake
News
Westport Man Admits To Investment Fraud Scheme, Lying To SEC
A 72-year-old man from the area has admitted to lying to the FBI and SEC while misrepresenting the worth of his businesses for several years. Westport resident Barton Stuck, who controlled the business entities of Signal Lake, a venture capital company that invests in technology companies - has pleaded guilty to multiple offenses related to an investment fraud scheme. Stuck admitted to committing fraud in 2015 and 2016 by misrepresenting the financial health and prospects of the Signal Lake entities and their investments to benefit himself personally. In one instance, he told an undercover…
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