NEW HAVEN - David Fein, U.S. States Attorney for the District of Connecticut, announced today that Marta Lozada, 43, of New Haven, was sentenced today by U.S.District Judge Janet C. Hall in Bridgeport to 30 months in prison, followed by three years of supervised release, for bank robbery.
Hall also ordered Lozada to reside in a halfway house during the first 6 months of her term of supervised release.
According to court documents and statements made in court, on February 4, 2010, Lozada robbed a Bank of America branch at 100 Amity Road. She took $4,858, records show.
Showing posts with label Judge Janet C. Hall. Show all posts
Showing posts with label Judge Janet C. Hall. Show all posts
Thursday, May 26, 2011
Thursday, March 24, 2011
Stratford woman sentenced for misuse of veteran's benefits
David B. Fein, U.S. Attorney for the District of Connecticut, announced that Ellen Pack, 64, of Broadbridge Road, Stratford, was sentenced by U.S. District Judge Janet C. Hall in Bridgeport to 2 months in prison, followed by 2 years of supervised release.
Pack was convicted of stealing U.S. Department of Veterans Affairs disability benefits while acting as a fiduciary for an incompetent military veteran. Hall also ordered her to spend the first 3 months of her term of supervised release in home confinement and to pay a $2,000 fine.
According to documents and statements made in court, Pack in 2006 and 2007 served as a fiduciary for a military veteran who was a patient at the Veterans Affairs Hospital in West Haven. As part of her fiduciary duties, Pack received funds from the Veterans Affairs department meant to be used solely for the veteran’s care and benefit.
Instead, Pack used significant portions of the monthly benefit payments, totaling more than $30,000, to pay for various items and expenses for her own use.
On July 27, 2010 Pack pleaded guilty to one count of misappropriating U.S. Department of Veterans Affairs disability benefits.
This matter was investigated by Special Agents of the Department of Veterans Affairs Office of Inspector General. The case was prosecuted by Asst. U.S. Attorney Douglas P. Morabito.
Pack was convicted of stealing U.S. Department of Veterans Affairs disability benefits while acting as a fiduciary for an incompetent military veteran. Hall also ordered her to spend the first 3 months of her term of supervised release in home confinement and to pay a $2,000 fine.
According to documents and statements made in court, Pack in 2006 and 2007 served as a fiduciary for a military veteran who was a patient at the Veterans Affairs Hospital in West Haven. As part of her fiduciary duties, Pack received funds from the Veterans Affairs department meant to be used solely for the veteran’s care and benefit.
Instead, Pack used significant portions of the monthly benefit payments, totaling more than $30,000, to pay for various items and expenses for her own use.
On July 27, 2010 Pack pleaded guilty to one count of misappropriating U.S. Department of Veterans Affairs disability benefits.
This matter was investigated by Special Agents of the Department of Veterans Affairs Office of Inspector General. The case was prosecuted by Asst. U.S. Attorney Douglas P. Morabito.
Monday, January 31, 2011
Securities broker sentenced for embezzling $1.7 million from clients
Gregory J. Buchholz, 46, of Bridgewater, Conn. was sentenced today to 4 years in prison, followed by 3 years of supervised release for embezzling approximately $1.7 million from at least 10 clients of his financial services business, according to David B. Fein, the U.S. Attorney for the District of Connecticut.
On Nov. 12, 2010 Buchholz waived his right to indictment and pleaded guilty to one count of wire fraud. He was sentenced by U.S. District Judge Janet C. Hall.
“For nearly a decade, this defendant raided the investment accounts of his clients, several of whom are retirees,” Fein said. “I want to recognize the diligent efforts of the FBI and Connecticut State Police, who jointly investigated this matter. The Connecticut Securities, Commodities and Investor Fraud Task Force is committed to investigating and prosecuting corrupt securities brokers and investment advisors, and seeking justice for victims of financial crimes.”
According to court documents and statements made in court, Buchholz, a registered securities broker working as an independent contractor operating a branch office of Raymond James Financial Services, Inc. in Southbury, engaged in a long-running scheme to defraud a number of his clients, some of whom were retirees, by embezzling funds from their investment accounts.
As part of the scheme which began in 2001, Buchholz liquidated investments his clients maintained in various securities, principally variable annuities and mutual funds, and deposited the proceeds of the sales of those securities into his personal bank accounts.
In order to conceal his fraudulent activity, Buchholz also made statements that were designed to lull his victims into not questioning their account balances, Fein's office said.
Buchholz was terminated from Raymond James Financial Services and he no longer is licensed to act as a securities broker.
Raymond James Financial Services cooperated with the investigation and agreed to reimburse victims for their losses. To date, the victims have been repaid the vast majority of the losses they sustained and Buchholz will be ordered to pay full restitution to Raymond James.
Officials in the U.S. Attorney's office, and I'll join them, encourage you to report any financial fraud schemes by calling, toll free, 855-236-9740, or by sending an email to ctsecuritiesfraud@ic.fbi.gov.
On Nov. 12, 2010 Buchholz waived his right to indictment and pleaded guilty to one count of wire fraud. He was sentenced by U.S. District Judge Janet C. Hall.
“For nearly a decade, this defendant raided the investment accounts of his clients, several of whom are retirees,” Fein said. “I want to recognize the diligent efforts of the FBI and Connecticut State Police, who jointly investigated this matter. The Connecticut Securities, Commodities and Investor Fraud Task Force is committed to investigating and prosecuting corrupt securities brokers and investment advisors, and seeking justice for victims of financial crimes.”
According to court documents and statements made in court, Buchholz, a registered securities broker working as an independent contractor operating a branch office of Raymond James Financial Services, Inc. in Southbury, engaged in a long-running scheme to defraud a number of his clients, some of whom were retirees, by embezzling funds from their investment accounts.
As part of the scheme which began in 2001, Buchholz liquidated investments his clients maintained in various securities, principally variable annuities and mutual funds, and deposited the proceeds of the sales of those securities into his personal bank accounts.
In order to conceal his fraudulent activity, Buchholz also made statements that were designed to lull his victims into not questioning their account balances, Fein's office said.
Buchholz was terminated from Raymond James Financial Services and he no longer is licensed to act as a securities broker.
Raymond James Financial Services cooperated with the investigation and agreed to reimburse victims for their losses. To date, the victims have been repaid the vast majority of the losses they sustained and Buchholz will be ordered to pay full restitution to Raymond James.
Officials in the U.S. Attorney's office, and I'll join them, encourage you to report any financial fraud schemes by calling, toll free, 855-236-9740, or by sending an email to ctsecuritiesfraud@ic.fbi.gov.
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