Feds Seek Convicted Connecticut Financier's Tax Refund
Jun 29th 2013 9:32AM
Updated Jun 29th 2013 9:54AM
Federal prosecutors want a Venezuelan-American financier to hand over a large tax refund while he awaits sentencing in a massive Connecticut-based fraud scheme.
Prosecutors say Francisco Illarramendi misused an earlier refund and faces paying restitution that could be hundreds of millions of dollars.
Prosecutors say they believe the refund check to Illarramendi and his wife exceeds $2 million and want it deposited with the court pending his Stepember sentencing.
Illarramendi's attorney didn't object. But a lawyer for Illarramendi's wife believes the check must be deposited with a judge overseeing the case and says she wants a portion to pay her living expenses.