Saturday, March 12, 2016

Woodbury Man Sentenced for Stealing Funds Intended for Oxford and Charities

Peter M. Clark, 58, of Woodbury, was sentenced to 45 months of imprisonment, followed by three years of supervised release, for stealing more than $1.8 million from the estate of an Oxford woman who died in 2010, federal authorities announced in a prepared statement Wednesday evening.

According to court documents and statements made in court, Miriam S. Strong of Oxford died on July 2, 2010. At the time of her death, Strong had a will, which left money, property and other items to a list of individuals, the Town of Oxford, the State of Connecticut and several religious and other charitable entities.

The will also called for the creation of a scholarship fund for college-bound students from Oxford.

Clark drafted the will as Strong’s attorney and served as a witness to Strong’s execution of the will.

The will named Clark and another individual as co-executors. The investigation revealed that, during the course of the administration of the will, Clark took more than $1.8 million from Strong’s estate for his own use, federal officials said.

Clark will be ordered to make restitution to the Connecticut Client Security Fund, which has reimbursed Miriam Strong’s estate.

Clark was arrested on a federal criminal complaint on May 21, 2015. On October 19, 2015, he pleaded guilty to one count of mail fraud.

Clark, who is released on a $500,000 bond, was ordered to report to prison on Feb. 24.

Full Article & Source:
Woodbury Man Sentenced for Stealing Funds Intended for Oxford and Charities

1 comment:

MARK said...

I am glad he was ordered to pay restitution and I hope it costs him everything he has to pay it. Shame on him.