Department of Justice Logo

United States Attorney's Office District of Connecticut
Press Release

March 10, 2011

Connecticut Financial Crimes Task Force:
PARALEGAL ADMITS STEALING MORE THAN $120,000 IN LOAN FUNDS

David B. Fein, United States Attorney for the District of Connecticut, today announced that STACEY WILLIAMS, 39, of Trumbull, waived her right to indictment and pleaded guilty yesterday, March 9, before Senior United States District Judge Ellen Bree Burns in New Haven to one count of wire fraud stemming from her theft of more than $120,000 in loan funds while working as a paralegal at a Stamford law firm.

According to court documents and statements made in court, in 2007, while she was employed as a paralegal at a law firm in Stamford, WILLIAMS was assigned to handle a home equity loan application on behalf of a client.  The client had applied for the loan from Countrywide Home Loans, a division of Countrywide Bank, FSB, based in California.  In December 2007, the client informed WILLIAMS that he no longer wanted to secure the loan from Countrywide.  However, WILLIAMS applied for the loan in the client’s name and Countrywide wired $149,824 into the law firm’s bank account in Connecticut.  Between January 2008 and May 2008, WILLIAMS withdrew $123,956.33 from the account, which she used for her personal benefit.

Judge Burns has scheduled sentencing for May 26, 2011, at which time WILLIAMS faces a maximum term of imprisonment of 30 years.

This investigation was conducted by the Connecticut Financial Crimes Task Force, notably the United States Secret Service and the Greenwich Police Department.  The Task Force also includes members of the United States Postal Inspection Service; the United States Department of State, Bureau of Diplomatic Security; the Connecticut State Police; and the Glastonbury, Hartford, New Haven and Shelton Police Departments.

The case is being prosecuted by Assistant United States Attorney Rahul Kale.

 

CONTACT:

 

U.S. ATTORNEY'S OFFICE
Tom Carson
(203) 821-3722
thomas.carson@usdoj.gov

 

 

 

 

Home Privacy Policy Legal Policies and DisclaimersUSAO HomepageDepartment of JusticeUSA.govProject Safe NeighborhoodsPSN Grantswww.regulations.gov