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Macro Finance

Ex-Connecticut Housing Chief Charged With Fraud Over Loan Scheme

Bloomberg Markets·September 25, 2026·1 min read

The former executive director of two public housing agencies was charged with fraud and money laundering this week by federal prosecutors in Connecticut. The charges allege a scheme involving loans, though specific details were not disclosed. The case highlights ongoing efforts to combat corruption in public housing management. The defendant faces potential prison time if convicted, with a court appearance expected soon.

Read at Bloomberg Markets
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