A Milford man has pleaded innocent to charges that he stole about $400,000 from five people through an investment scam.
Michael J. Minnehan, 60, a former insurance broker, stole the money over the past decade, according to the Worcester County district attorney's office.
Prosecutors alleged that Minnehan took people's money, promising to invest it in annuities, and then pocketed it. Three of the five victims were 60 or older.
Minnehan was arraigned today in Worcester Superior Court on larceny and other charges.
Minnehan’s lawyer, Daniel T. Doyle of Blackstone, declined to comment after the hearing.
Outside the courtroom, Kathy D’Alessandro of Milford told reporters that her 91-year-old mother, Jeanne Trotta, was one of the alleged victims. Trotta lost “tens of thousands of dollars” through the scam, D’Alessandro said.
“What has crushed us really is to know what my mom and dad did to earn that money,” said D’Alessandro. Her parents operated Ted’s Diner in Milford for more than three decades, she said.
Jeanne Trotta stood quietly as her daughter recounted the family's story, saying only, “It really was a tough road to get here for all of us.”
Several other alleged victims also attended the arraignment but did not want to comment.
-- Kyle Alspach
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