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Woman Who Owns Danbury Grocery Store Sentenced For $400K Tax Offense Woman Who Owns Danbury Grocery Store Sentenced For $400K Tax Offense
Woman Who Owns Danbury Grocery Store Sentenced For $400K Tax Offense An owner of a Fairfield County grocery store was sentenced for a tax fraud offense that caused the IRS a loss of more than $400,000. Lizbel Sanchez, of Brookfield, was sentenced on Tuesday, Oct. 18, to two years of probation and ordered to pay a $400,000 fine, according to Vanessa Roberts Avery, United States attorney for the District of Connecticut. Sanchez pleaded guilty on April 14 to one count of willful failure to collect or pay over taxes, Avery reported. Earlier report - Woman Who Operates A C-Town In Danbury Admits To Failure To Pay Taxes Sanchez is a minority owner…

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by Nicole Valinote
News
Former Yale Med School Employee Admits Stealing, Selling $40 Million In Electronics Former Yale Med School Employee Admits Stealing, Selling $40 Million In Electronics
Former Yale Med School Employee Admits Stealing, Selling $40 Million In Electronics A former Yale University School of Medicine employee has admitted to stealing $40 million in computer and electronic hardware from the university. Jamie Petrone, age 42, pleaded guilty on Monday, March 28, to wire fraud and filing a false tax return, according to Leonard Boyle, United States Attorney for the District of Connecticut. Petrone is a former resident of Naugatuck in New Haven County, and she currently resides in Georgia, Boyle said.  Beginning in about 2008, Petrone worked for the Yale University School of Medicine's Department of Emergency Medicine and most recently w…

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by Nicole Valinote
News
Ex-CEO, 33, Fined $9 Million, Sentenced To Prison For Digital Currency Ponzi Scheme Ex-CEO, 33, Fined $9 Million, Sentenced To Prison For Digital Currency Ponzi Scheme
Ex-ceo, 33, Fined $9 Million, Sentenced To Prison For Digital Currency Ponzi Scheme The former CEO of a virtual currency company is heading to prison and must pay more than $9 million in restitution for his role in his companies’ purported generation and sale of virtual currency that devolved into a Ponzi Scheme. Josh Garza, 33, formerly of Somers, Connecticut, was sentenced in Hartford District Court to a term of 21 months in prison, followed by three years of supervised release, the first six months of which he will have to spend in home confinement for his role in the multi-million dollar scheme. According to court documents and statements made in court, “virtual curren…

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by Zak Failla
News
Adviser, CEO From Litchfield Charged With Misleading Retail Investors Adviser, CEO From Litchfield Charged With Misleading Retail Investors
Adviser, CEO From Litchfield Charged With Misleading Retail Investors The federal Securities and Exchange Commission charged a Connecticut investment advisory firm and its chief executive officer with putting $19 million of investor money, including elderly investors' retirement savings and pension plans, in risky investments and secretly pocketing hefty commissions from those investments. The SEC's complaint alleges that Temenos Advisory, Inc. and George L. Taylor steered advisory clients and other investors, including senior citizens and individuals approaching retirement, into four risky, illiquid private offerings.  While Temenos and Taylor charged adviso…

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by Jon Craig
Police & Fire
FCI Danbury Inmate Admits To Possessing Weapon FCI Danbury Inmate Admits To Possessing Weapon
FCI Danbury Inmate Admits To Possessing Weapon An inmate at the Federal Correctional Institution in Danbury is facing five more years in prison after admitting to having a weapon while in custody. John Faucher, 41, pleaded guilty this week to one count of possession of contraband in a federal prison dating back to an incident on March 12, when he possessed “an object designed or intended to be used as a weapon.” Faucher had been serving a 46-month sentence for robbing a convenience store in Manchester, New Hampshire in September 2016 and a bank the next month. According to John Durham, the United States Attorney for the District of Conn…

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by Zak Failla