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Failed Muni Bond Draws FBI and Sparks `Ponzi-Like Fraud' Claims
Failed Muni Bond Draws FBI and Sparks `Ponzi-Like Fraud' Claims

Bloomberg

time3 days ago

  • Business
  • Bloomberg

Failed Muni Bond Draws FBI and Sparks `Ponzi-Like Fraud' Claims

Before the lawsuits started piling up in courtrooms across Connecticut, before his employer accused him of running a 'massive Ponzi-like fraud,' and before the FBI showed up, Robert Cappelletti looked well on his way to pulling off one of the greatest muni-bond coups of all time. The plan Cappelletti had put together was so audacious it bordered on the fantastical. The housing agency he ran in Groton, a sleepy town of some 40,000 people along Connecticut's Thames River, would sell $750 million of bonds to jumpstart a $4 billion project to transform a bunch of run-down shopping plazas into a sprawling, up-scale development. There'd be a new train station, a hospital, almost 2,000 apartments and dozens of shops and restaurants.

Heartbreaking tributes to ‘beautiful angel' girl who died after entering River Thames
Heartbreaking tributes to ‘beautiful angel' girl who died after entering River Thames

Yahoo

time01-06-2025

  • General
  • Yahoo

Heartbreaking tributes to ‘beautiful angel' girl who died after entering River Thames

The family of a girl who died after entering the River Thames have paid tribute to their 'beautiful angel'. The girl, named as Bia on social media, died after entering the water at Royal Pier Road in Gravesend at around 1.40pm on May 30. A search was launched after police were called to reports of two children who had got into difficulty in the water. The search for the girl was suspended on the evening before resuming the following morning. At 11.40am yesterday (May 31), a body was recovered from the river in the search for her. Formal identification by the girl's next of kin has taken place. Police say the death is not being treated as suspicious at this stage and a report will be prepared for the coroner. Tributes have since been paid to the girl on social media with one post from Mirela Turcanu that reads: 'Oh, she left us speechless, this little girl had her whole life ahead of her, but she had the life that was decided by God. 'Smooth road to heaven, my niece.' Leon Alkapone also described her as 'my niece, my beautiful angel'. He said: 'Rest In Peace, Little Angel, Bia. May God comfort the grieving family.' The boy was rescued and taken to hospital where he remains in stable condition.

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