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Woman Who Was Chief Financial Employee In CT Gets Years In Prison For Stealing Over $700K
A woman from Hartford County faces years in prison for stealing more than $700,000 from both her former employer and third-party lenders over the span of nearly four years. Windsor resident Margaret Boisture, age 51, was sentenced to 33 months in prison on Tuesday, Jan. 10 for fraud, according to the US Attorney's Office for the Connecticut District. Boisture was once the chief financial employee of ZoneFlow Reactor Technologies, a company developing a new technology to make hydrogen production more efficient. In this role, Boisture defrauded Zoneflow, PayPal, and the third…
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CT Resident Admits To Defrauding Employer, Lender Of Over $700K
A 50-year-old Connecticut resident has admitted to defrauding her employer and the company's lender of more than $700,000. Margaret Boisture, of Windsor, pleaded guilty on Tuesday, July 19, to one count of wire fraud affecting a financial institution, according to Vanessa Roberts Avery, United States attorney for the District of Connecticut. The US Attorney's Office said Boisture worked as the chief financial employee of ZoneFlow Reactor Technologies, a pre-revenue company that works to develop technology that improves the efficiency of production of hydrogen. Avery reported that PayP…