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Press Release

Massachusetts Man Pleads Guilty to Bank and Credit Card Fraud and Tax Evasion

For Immediate Release
U.S. Attorney's Office, District of Maine

Bangor, Maine: Acting United States Attorney Richard W. Murphy announced that Steven Nygren, 50, of Salem, Massachusetts, pled guilty today in U.S. District Court to bank fraud, credit card fraud and tax evasion charges.

According to court records, from June 2014 through August 2015, Nygren used his position as financial officer of a Brooklin, Maine business to forge and embezzle 63 checks worth over $732,000. In 2015, he charged $62,000 to business credit cards for unauthorized personal purchases. Finally, from 2010 through 2016, he evaded federal unemployment and income taxes.

Nygren faces up to 30 years in prison, a $1,000,000 fine, and five years of supervised release for bank fraud; up to 10 years in prison, a $250,000 fine, and three years of supervised release for access device fraud; and up to five years, a $100,000 fine, and three years of supervised release for tax evasion. He will be sentenced after the completion of a presentence investigation report by the U.S. Probation Office.

The investigation was conducted by the Maine State Police, the Federal Bureau of Investigation, and the Internal Revenue Service.


Chris Ruge
Assistant United States Attorney
Tel: (207) 945-0373

Updated June 22, 2017

Financial Fraud