Former Newtown Oil operator faces new federal charges
October 13, 2009
Total Loss:
$3.5 million
A woman connected to the now defunct Newtown Oil Co. faces new federal charges for allegedly defrauding financial institutions of more than $3.5 million, according to the U.S. Attorney's Office. The indictment alleges Bliss and her co-conspirators, who are not named, submitted false mortgage loan applications while she was working as a paralegal for a real estate attorney in Wilton. Bliss and the others, according to court documents, allegedly submitted the false applications to obtain mortgages on various properties in Fairfield County to develop and then sell for a profit.
Source:
New Times
Posted in:
Internal Fraud