Manchester man gets federal prison time for mail fraud
May 22. 2013 9:41PM
CONCORD — A Manchester man was sentenced Wednesday in U.S. District Court to one year and one day in prison after pleading guilty to six counts of mail fraud, according to a release from U.S. Attorney John Kacavas.
Nazar Lopushansky, 30, was the operator of Engelwood Construction, a Manchester-based construction company that in 2009 was financially distressed, the release said. Lopushansky was accused of having false financial statements created that inflated his cash assets. He used the Postal Service to secure bonds for four government construction contracts that his firm never completed, the release said.
A Tennessee bond company, Bond Safeguard, was required to pay claims of $253,585.62 when the work wasn’t done, the release said.