Former Webster bank employee, CT resident pleads guilty to embezzling over $7 million

Former Webster bank employee, CT resident pleads guilty to embezzling over $7 million

A former high-ranking Webster bank employee pleaded guilty to stealing more than $7 million in a decade-long embezzlement scheme, officials said. James Blose, 56, of Fairfield, pleaded guilty Friday in New Haven federal court to offenses stemming from a decade-long scheme at banks where he served as general counsel and held other high-ranking positions. According to court documents and statements made in court, from approximately 2013 to January…

Fairfield man who stole $7.4M from his employer pleads guilty to bank fraud, feds say

James Blose, of Fairfield, stole $7.4 million from banks that employed him in high-ranking positions and pleaded guilty to bank fraud Friday, officials said.

Forming state banking executive pleads guilty to embezzlement of $7.4 million

WATERBURY – A former high-ranking banking executive and attorney pleaded guilty in federal court Friday to orchestrating a decade-long scheme that embezzled approximately $7.4 million from banks where he held senior positions, including general counsel at Webster Bank. James Blose, 56, of Fairfield, admitted to defrauding three banks – Hudson Valley Bank, Sterling National Bank […]