Former Meriden and Groton housing authority director charged with fraud over $16.2 million loan
Federal prosecutors say Robert Cappelletti forged board approvals to borrow $16.2 million in the name of a nonprofit tied to the Meriden Housing Authority, then used some of the money on his own mortgage and investments.
Robert Cappelletti, a former executive director of the public housing authorities in Meriden and Groton, Conn., has been indicted on federal fraud and money laundering charges, the U.S. attorney's office for the District of Connecticut said Thursday.
A federal grand jury in New Haven returned a nine-count indictment Sept. 22 charging Cappelletti, 60, of Middlebury, with five counts of wire fraud and four counts of making illegal monetary transactions. He was arrested Thursday, pleaded not guilty before a federal magistrate judge in New Haven and was released on a $500,000 bond, prosecutors said.
According to the indictment, Cappelletti led the Meriden Housing Authority from about 2009 to May 2025 and sat on the board of the Maynard Road Corporation, a nonprofit that supports the authority's development projects. From about 2016 to January 2025, he also ran the Groton Housing Authority under a shared services agreement.
Prosecutors allege that in 2022 Cappelletti borrowed $16.2 million from a lender in the nonprofit's name, signing the loan and a guarantee from the Meriden authority without approval from either board and backing the deal with forged board resolutions. After the lender wired about $13.96 million in July 2022, he allegedly moved the money through a series of transactions, putting about $450,000 into his personal investment account and paying $374,752.87 toward the mortgage on his home.
The indictment also alleges he used Groton Housing Authority money to make payments on the loan, telling the authority and its affiliated nonprofit that the payments were tied to a coming bond for a Groton development and would be repaid, and submitting forged invoices to cover the payments.
Wire fraud carries up to 20 years in prison per count.
The charges are allegations, and Cappelletti is presumed innocent unless proven guilty.
This brief was drafted by AI from a public agency or political press release and published by The New England Signal. Why we use AI for stories like this one.