Connecticut is suing a former oil company president, charging him with defrauding purchasers of home heating-oil contracts, the state's attorney general said.
Attorney General Richard Blumenthal charged that Christopher T. Carr took millions of dollars on behalf of F&S Fuel when he knew the company couldn't deliver on its prepaid contracts, WSFB-TV in Hartford reported Monday.
Blumenthal also accused Carr and his wife, Hilary, of fraudulently transferring the title of the couple's Fairfield home to her days after Carr was fired from F&S.
The oil company closed abruptly last month with $2 million in debt, leaving some 3,000 customers holding worthless pre-paid contracts for home heating oil. The company had 12,000 customers at the time.
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