Wednesday, May 14, 2014
A Milford man employed as comptroller for a Westport property management company pleaded guilty today to federal fraud charges in connection with embezzlement of approximately $108,000, prosecutors said.
David Liptak, 49, entered the plea before U.S. District Judge Jeffrey A. Meyer in Bridgeport, the U.S. Attorney’s Office said. The formal charge of one count of interstate transportation of money obtained by fraud could bring a maximum 10-year prison term and a fine up to $250,000. Sentencing was set for Aug. 6.
Prosecutors said Liptak was employed by Consolidated Management Group (CMG), 1555 Post Road East, which manages accounts for condominium associations, including Westport’s Whitney Glen Condominium and Strathmore Lane Condominium Association.
According to court documents and statements made in court, from approximately June 2008 to March 2012, Liptak embezzled approximately $108,000 from CMG.
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