Nov 17, 2016 5:36 PM
Concord man sentenced to 72 months in prison for mail fraud
CONCORD — A Concord man has been sentenced to 72 months in prison after being caught for mail fraud of more than $650,000.
Ronald Mason, 47, plead guilty in June of 2016 to these mail fraud offenses - but this wasn't his first run in with the law.
In 2004, Mason was sentenced to 33 months in prison for a federal offense he committed in Texas.
While Mason was serving that sentence, the owner of Financial Resources Management, Scott Farrar, and Farrar’s business associate, Donald Dodge, plead guilty in U.S. District Court in New Hampshire to stealing more than $30 million from FRM’s investors.
After Mason was released from prison, he absconded from his federal supervision and a warrant was issued for his arrest.
To avoid being arrested, Mason used a false last name and moved to Concord, the Attorney General's office said.
He then caused letters to be sent to more than 100 people who Farrar and Dodge defrauded by falsely promising to use their money to build the Abbott Village condominiums in Concord.
Mason met with the three people who responded to the letters. He lied to them about his personal wealth and his experience as a real estate developer.
He stole more than $520,000 from the former FRM victims by falsely promising to use their money to complete Abbott Village and for other real estate projects in New Hampshire.
Mason also provided false information to steal more than $130,000 from two other people involved.