Ex-Homeowner Charged With Ripping Off $42K+ From Foreclosing Lender's Attorney's Bank Account
- Police said a former Colchester man found a creative way to get back at the company who foreclosed on his home - he stole its account number during the proceedings and used $40,000 of their money to pay off his other bills. Arthur Bruce, 31, [...] turned himself in Tuesday to face a charge of first-degree larceny.
- Local police began investigating Bruce after a law firm with accounts at Farmington Savings Bank noticed someone had racked up thousands in fraudulent transactions. [...] In all, Bruce was able to transfer by wire more than $42,000 from the law firm's account to generate 39 fake transactions from early June to late July. The scheme unraveled when police realized he had received a letter in May from the law company about the foreclosure that detailed wiring instructions to their account to make delinquent loan payments.
For the story, see Man gets even with mortgage company.
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