Plea Entered in Fraud Case of Former Woodbridge Man: U.S. Attorney

WOODBRIDGE, CT — John Voloshin, a former Woodbridge resident who pleaded guilty of fraud charges in 2012, pleaded guilty again this week in connection with a new wire fraud violation that occurred while on federal supervised release, United States Attorney Deirdre M. Daly announced.

The 60-year-old Voloshin, who is also formerly of New Haven, was sentenced in May 2012 to 33 months in prison and three years of supervised release "for operating multiple fraud schemes that caused losses of more than $1.5 million to individuals and lenders."

"As part of the schemes, Voloshin forged signatures and used fabricated bank account statements, tax returns, mortgage releases and loan applications. [He] was released from prison on May 16, 2014, and began serving a three-year term of supervised release," according to a statement from Daly.

But that wasn't the end of Voloshin's deception.

According to Daly, shortly after his release from prison, in an attempt to gain permission from the U.S. Probation Office to travel to London, Voloshin "repeatedly lied to and misled his supervising probation officer by concocting a bogus job for a real estate concern in London." This led to District Court Judge Robert N. Judge Chatigny in November of 2014 to sentence Voloshin to an additional nine months in prison and 27 months of supervised release for violating the terms and conditions of his federal supervised release.

Voloshin was released from prison again in June, 2015, and began serving his 27-month term of supervised release.

According to court documents and statements, beginning in the fall of 2015, Voloshin again "engaged in another fraud scheme by soliciting money from individuals and representing that the money would be fully invested to generate very high returns. Although Voloshin did invest some of the victims’ money, he used substantial portions of the victims’ money for personal expenses, including a $20,000 payment toward a luxury apartment in Manhattan, and for plastic surgery, fine dining, retail shopping and alcohol."

Voloshin has been detained since his arrest in May of last year.

His latest guilty plea is for one count of wire fraud, which carries a maximum term of imprisonment of 20 years and a fine of up to $250,000. He also admitted to one violation of the terms and conditions of his federal supervised release, which carries a maximum term of imprisonment of two years, and is scheduled to be sentenced in May of this year.

The matter is being investigated by the Federal Bureau of Investigation. The case is being prosecuted by Assistant U.S. Attorneys Marc H. Silverman and David T. Huang.

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