Profiles

State Senate Approves Investor Fraud Compensation Fund …

When Financial Resources Mortgage of Meredith closed in 2009, in the face of criminal charges and federal investigations, investors lost over $30 million. New Hampshire will be establishing a fund to repay some victims their initial investments. Sponsored by Senators Lou D’Allesandro (D-Manchester) and Peter Bragdon (R-Milford), the bill will create a victim compensation fund that will receive $3 million a year from