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Monetary Transactions

Police & Fire
Fairfield Attorney Stole $7.4M Over Decade During His Time As Banks' Lead Counsel: Feds Fairfield Attorney Stole $7.4M Over Decade During His Time As Banks' Lead Counsel: Feds
Fairfield Attorney Stole $7.4M Over Decade During His Time As Banks' Lead Counsel: Feds 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…

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by Josh Lanier
News
Westport Man Admits To Investment Fraud Scheme, Lying To SEC Westport Man Admits To Investment Fraud Scheme, Lying To SEC
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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by Zak Failla