PORTLAND — Former longtime charity president Russell “Rusty” Brace pleaded guilty Friday morning in federal court to three felony counts related to the embezzlement of $4.6 million. No sentencing date has been set, but the Rockport resident faces up to 30 years in prison and a fine of double the amount he stole. Brace, 81, […]
Rusty Brace
Posted inMaine
Criminal charges anticipated against man accused of stealing $3.8M from Camden charity
ROCKLAND — Criminal charges are anticipated soon against the former head of a Camden area charity accused of stealing $3.8 million from the organization. Those charges could come within the next few weeks, according to Attorney Peter DeTroy, who represents Russell “Rusty” Brace. DeTroy submitted a motion Monday in Knox County Superior Court asking for […]
advertisement
Posted inBusiness, Maine, sj-web
FBI probe of former charity leader takes toll on Camden business
CAMDEN — The FBI has been interviewing people as an investigation into the alleged embezzlement of $3.8 million by former charity president Russell “Rusty” Brace continues with one official saying that action on the case could come within the next few months. One woman says the alleged long-term theft by the prominent businessman already has […]
Posted inMaine
Attorney for former Camden charity president confirms his client is ‘target’ of federal probe
ROCKLAND — The attorney for a Rockport man who is accused of stealing $3.8 million in charitable donations during the past 13 years confirmed in a court filing Monday that his client is the target of a federal investigation. And because of that, attorney Peter DeTroy of Portland asked that the state court order a […]