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CT Man Accused Of Defrauding Investors
A Connecticut man has been indicted on 17 counts of allegedly defrauding investors of an alcoholic beverage company.
Brian Hughes, 56, of Madison, was indicted on Friday, Jan. 15, following his arrest, said John H. Durham, U.S. Attorney for the District of Connecticut.
The indictment alleges that in March 2015, Hughes founded Handcrafted Brands, for the purpose of raising money to purchase Salute American Vodka, an alcoholic beverage company.
After founding the company, Hughes allegedly solicited and received funds from investors for the purchase and development of Salute.
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