F. Robert LaSaracina, a Norwich accountant accused of defrauding a family trust fund of $2.2 million and whose office was recently targeted by federal investigators, declined to testify today in the ongoing trial of former Mashantucket Pequot chairman Michael Thomas.
LaSaracina appeared in a New London Superior courtroom with high-profile attorney Hubert Santos and promptly asserted his 5th Amendment privileges against self incrimination.
Santos said the federal investigation, and search warrant served at LaSaracina’s West Town Street office, had changed the circumstances.
LaSaracina had previously testified to his role in dealing with some of Thomas’ finances. Thomas is being sued by Sovereign Bank which claims he defaulted on a multi-million dollar line of credit.
Considering LaSaracina’s new position, Thomas’ attorney Lawrence Rosenthal, asked Judge Joseph Koletsky to strike LaSaracina’s previous testimony. The motion was denied.
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Norwich Accountant Invokes 5th Amendment in Thomas Trial