Sunday, May 16, 2010

Woman Faces Felony Charges For Allegedly Pocketing $80K+ In Monthly Mortgage Payments Received From Trusting Co-Owner, Leaving Home In Foreclosure

In Stamford, Connecticut, the Stamford Advocate reports:
  • Peter Scrofani trusted Wendy Greco. For the past five years, they lived in the same house, shared a mortgage, and their families raised each other's children. In police reports, he refers to her as his aunt.

  • Three years ago, the two families bought a house in Glenbrook. They split the mortgage payments. Peter and his mother, Rose Scrofani-Guitton, would pay $2,955 per month. Greco and her husband, Dan, would pay $1,500 per month. Greco was in charge of transferring the monthly payments.

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  • Three years later, the house is under foreclosure, the Scrofanis are buried in debt and Greco faces criminal larceny charges. Greco, a 40-year-old former city employee, is accused of stealing more than $80,000 from her family friends and house-mates, allegedly keeping more than two years of mortgage payments for herself, court documents allege. She was arrested Monday and charged with first-degree larceny and two counts of felony forgery.

For more, see Their trust breached, a family fights for their home.