Nashua Con Artist Arrested Again

NASHUA, NH — A Nashua man who has several convictions for financial fraud has been arrested again on similar charges.

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Edmond P. LaFrance, 70, was arrested Thursday and charged with fraud and money laundering.

LaFrance, who was convicted of financial fraud in 1990 and again in 2007, was charged this time with stealing investments for a fake company he set up, according to the U.S. Attorney’s Office in Boston, Mass.

He allegedly established Natural Waters then solicited investments that he stole for his own use or “transferred to co-conspirators,” the office said. The alleged scheme happened from 2012 to 2013.

Authorities also said last year, LaFrance laundered money for various online fraud schemes run by people outside the United States.

Photo: Eric Hunsaker via Flickr