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Feds seek convicted financier

on June 30, 2013 2:30 AM

NEW HAVEN, Conn. (AP) — Federal prosecutors want a Venezuelan-American financier to hand over a large tax refund while he awaits sentencing in a massive Connecticut-based fraud scheme.

Prosecutors say Francisco Illarramendi misused an earlier refund and faces paying restitution that could be hundreds of millions of dollars.

Prosecutors say they believe the refund check to Illarramendi and his wife exceeds $2 million and want it deposited with the court pending his September sentencing.

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