Miscalculation causes confusion over sewer fund - The New Britain Herald (newbritainherald.com)
by: james Craven
Friday, June 5, 2009
Miscalculation causes confusion over sewer fund - The New Britain Herald (newbritainherald.com)
Miscalculation causes confusion over sewer fund - The New Britain Herald (newbritainherald.com)
by: james Craven
Subscribe to:
Post Comments (Atom)
3 comments:
sounds like Colonial Realty style accounting.
Isn't the sewer plant being run by the former finance Director of Colonial Realty? Should we be surprised at any of this?
WILLIAM CANDELORI BARRED
The Commission announced the entry of an order instituting administrative proceedings against William P. Candelori (Candelori)and the simultaneous acceptance of his offer of settlement. Candelori is a former associated person of Colonial Equities Corp., a broker-dealer previously registered with the Commission. The Order bars Candelori from association with any broker, dealer, municipal securities dealer, investment adviser or investment company.
The Commission found that on August 22 the Honorable T.F. Gilroy Dalyof the U.S. District Court for the District of Connecticut enjoinedCandelori from further violations of certain registration and antifraud provisions of the securities laws. The complaint, filed on March 9 against Candelori and six others, alleges violations of several antifraud and securities registration provisions of the federal securities laws in connection with a fraudulent unregistered publicoffering by Colonial Realty Company of 1200 limited partnership units in the Colonial Constitution Limited Partnership during 1989 and 1990. Candelori consented to the injunctive order without admitting or denyingthe complaint's allegations. The administrative order against Candelori was also based on his prior criminal conviction. (ReI. 34-36170)
Post a Comment