Letter: State fraud relief only for wealthy

Published: 10/27/2021 4:16:20 PM

I read with interest the article about a state bill for scam funds being unlikely because a bill would set a bad precedent. Since I was the person who suggested a state solution to our problem, I would like to clarify that my objective was not to pass a bill. It was simply to include funds in the next state budget, to compensate the town in whole or in part.

There is already a precedent for that, because the current state budget includes $10 million to compensate victims of the FRM Ponzi scheme. Apparently only wealthy investors are entitled to relief from the state, but innocent townspeople are not worthy.

Sandra Bibace

Peterborough


Jobs



Support Local Journalism

Subscribe to the Monadnock Ledger-Transcript, your source for Peterborough area news.


Monadnock Ledger-Transcript

20 Grove St.
Peterborough, NH 03458
603-924-7172

 

© 2021 Monadnock Ledger-Transcript
Terms & Conditions - Privacy Policy