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Conn. Man Gets 5 Years in Maine for Wire Fraud
05/10/2013 10:29 AM ET  

Federal prosecutors say 66-year-old Peter DiRosa of Manchester, Conn., and an associate solicited $600,000 from an elderly retiree in Kennebunk.

PORTLAND, Maine (AP) _ A Connecticut man has been sentenced in Maine to nearly five years in prison after being convicted of wire fraud for a real estate scheme.

Federal prosecutors say 66-year-old Peter DiRosa of Manchester, Conn., and an associate solicited $600,000 from an elderly retiree in Kennebunk and said the money would be used as collateral for a loan to buy land in Hungary. Court records say after the money was sent to Hungary, $225,000 was transferred to bank account under DiRosa's control.

The U.S. Attorney's office says DiRosa and his associate also lied about individuals allegedly affiliated with the real estate venture and about its projected financial success.

DiRosa was sentenced to 57 months in prison on Monday. He also was ordered to pay $540,000 in restitution.



 

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