Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Stamford Man Sentenced For $800K Theft From Trust Account: Feds

A Stamford man was sentenced this week for stealing from a family trust he administered, according to prosecutors.

by Richard Kaufman

Curtis Solsvig, 69, of Stamford, is required to report to prison on April 19. (Shutterstock)

STAMFORD, CT — A 69-year-old Stamford man was Sentenced this week to 18 months in prison followed by three years of supervised release for stealing more than $800,000 from a family trust he administered, United States Attorney for the District of Connecticut Vanessa Roberts Avery announced.

Curtis Solsvig, who is released on a $250,000 bond, was sentenced by U.S. District Judge Sarala V. Nagala in Hartford. Solsvig is required to report to prison on April 19.

According to court documents and statements made in court, a married couple created a trust for the primary benefit of their two children, Avery said in a news release.

In 1996, Solsvig, a relative of the couple, began serving as trustee of the trust.

Beginning in 2011 and continuing for approximately eight years, Solsvig stole approximately $816,000 from the trust and used the funds for a variety of personal expenses, Avery said.

By the time the scheme concluded, less than $20 remained in the trust account, Avery added.

On Dec. 6, 2023, Solsvig pleaded guilty to one count of wire fraud.

Full Article & Source:
Stamford Man Sentenced For $800K Theft From Trust Account: Feds



This post first appeared on National Association To Stop Guardian Abuse, please read the originial post: here

Share the post

Stamford Man Sentenced For $800K Theft From Trust Account: Feds

×

Subscribe to National Association To Stop Guardian Abuse

Get updates delivered right to your inbox!

Thank you for your subscription

×