Attorney Pleads Guilty To Bank Fraud
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HARTFORD, Conn. (AP) - Federal prosecutors say a Hartford attorney has pleaded guilty to bribery and fraud for rigging bids on Fleet Bank's sale of distressed loans.
Paul Aparo pleaded guilty Thursday in federal court in Hartford. A message seeking comment was left for his lawyer.
Authorities say the 58-year-old Aparo conspired with Kevin J. O'Keefe, who was a vice president at Fleet Bank in Hartford, and an unidentified real estate developer to corrupt the bidding process on distressed loans that Fleet was selling.
Prosecutors say O'Keefe provided confidential bank information to Aparo and the developer to submit winning bids on the loans.
Aparo faces up to 35 years in prison and a fine of more than $1 million when he is sentenced Oct. 14.
O'Keefe pleaded guilty to the same charges last month.
(Copyright 2008 by The Associated Press. All Rights Reserved.) |
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