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NH Angle is a news and information aggregation by staff and audience of the New Hampshire Union Leader, The Goffstown News, The Bedford Bulletin, The Hooksett Banner and The Salem Observer. Share a news link here or comment on this item below.

A packed public gallery listens to background legal information regarding the FRM fraud case at a joint New Hampshire House and Senate hearing in this 2010 file photo. 

N.H. Banking Dept. seeks expenses from bankruptcy court for FRM Ponzi probe

The New Hampshire Banking Department – the agency most widely criticized for allowing the multimillion-dollar Financial Resource Mortgage Inc. Ponzi scheme to flourish – has filed for nearly $100,000 in claims against FRM's bankrupt estate, outraging at least some of the scheme's victims.


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