Press Release
Stamford Man Sentenced to Prison for Theft of $800K from Trust Account
For Immediate Release
U.S. Attorney's Office, District of Connecticut
Vanessa Roberts Avery, United States Attorney for the District of Connecticut, announced that CURTIS SOLSVIG, 69, of Stamford, was sentenced today by U.S. District Judge Sarala V. Nagala in Hartford to 18 months of imprisonment, followed by three years of supervised release, for stealing more than $800,000 from a family trust he administered.
According to court documents and statements made in court, a married couple (the “victims”) created a trust for the primary benefit of their two children. In 1996, Solsvig, a relative of the victims, 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. By the time his scheme concluded, less than $20 remained in the trust account.
Judge Nagala ordered Solsvig to pay restitution of $816,205.09.
On December 6, 2023, Solsvig pleaded guilty to one count of wire fraud.
Solsvig, who is released on a $250,000 bond, is required to report to prison on April 19.
This matter was investigated by the Federal Bureau of Investigation and prosecuted by Assistant U.S. Attorney Conor M. Reardon.
Updated March 5, 2024
Topic
Financial Fraud
Component