Got Another One | Mayor Charles Moreau of Impoverished Central Falls, RI Pleads Guilty to Foreclosure Fraud Scheme

Central Falls, RI mayor quits, to plead guilty to fraud

US prosecutors to recommend prison for mayor, backer

* City saw 156 foreclosures in 2008

* Central Falls filed for bankruptcy in 2011

By Hilary Russ

Sept 19 (Reuters) – Mayor Charles Moreau of impoverished Central Falls, Rhode Island, resigned on Wednesday and agreed to plead guilty to a federal fraud charge.

Moreau submitted his resignation to the Rhode Island Secretary of State early on Wednesday. A few hours later, federal prosecutors charged the mayor of the smallest city in the smallest U.S. state with fraud and filed his plea deal with the U.S. District Court in Rhode Island.

Beginning in 2007, as the number of foreclosed homes in the city began to surge, Moreau channeled all the work of boarding up the houses to his long-time friend and political contributor, Michael Bouthillette, prosecutors said in a two-count charging document.

Bouthillette also agreed to plead guilty to a charge stemming from the board-up scheme, prosecutors said. They also said they would recommend prison time for both men.

Read the rest about these psychopathic criminals here…

Another days work from our good ol’ US prosecutors office…

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4closureFraud.org

Comments
One Response to “Got Another One | Mayor Charles Moreau of Impoverished Central Falls, RI Pleads Guilty to Foreclosure Fraud Scheme”
  1. Stupendous Man - Defender of Liberty, Foe of Tyranny says:

    “He violated his oath to the people of Central Falls. That has brought him down today, and deservedly so,” said U.S. Attorney Peter Neronha in a statement.

    This is true (violation of oath) of every elected official that has done nothing in respect of any of the various types of fraud in the mortgage, foreclosure and financial crisis. I’d say that covers almost all of them.

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