A federal jury in Maine found former Manchester Mayor Peter DiRosa guilty of wire fraud on Wednesday, according to the Bangor Daily News.
DiRosa, 65, faces up to 20 years in federal prison and a $250,000 after the jury found DiRosa guilty of a scheme to convince a Kennebunk retiree to invest $600,000 into a bogus resort in Hungary in 2008. DiRosa served as mayor of Manchester from 1987 to 1989 and was a longtime member of the town’s Board of Directors in the 1980s.
Thomas Renison, a Glastonbury financial advisor who was also charged in the case, was found personally liable for $1,445,801.80 in damages to the Maine retiree, Frank Jablonski, by a Maine superior court judge in a civil suit in December of 2011. A civil suit is also pending against DiRosa.
DiRosa is scheduled to be sentenced May 9 and remains free on $50,000 unsecured bail, according to the Bangor Daily News.