Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations
Join as a sustainer and help unlock $10k. Just 24 sustainers to go!

Application period opens for New Hampshire fraud victims

Dan Tuohy/NHPR

CONCORD, N.H. (AP) — Victims of what authorities have called the largest financial crime in New Hampshire history can now apply for compensation from a $10 million fund.

Lawmakers created the fundas part of the state budget approved in June. It seeks to compensate victims of Financial Resources Mortgage, a Meredith company that swindled more than 250 investors out of at least $33 million.

The company's abrupt shutdown in 2009 spawned criminal charges, the resignation of two state agency heads, and investigations at both the state and federal level. Applications for compensation must be filed by May 18.


You make NHPR possible.

NHPR is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.