A former Newtown resident was arrested in Maine and charged with attempting to defraud multiple investors of $1 million.
Prosecutors say Garrett L. Denniston, 62, solicited funds for investment through a company he ran called ConsensusOne L.L.C. He now lives in Boothbay Harbor, Maine.
Denniston promised to invest in companies he said were on the verge of being sold, according to the office of U.S. Attorney David Fein, and offering a guaranteed return on investment.
“This defendant operated an investment fraud scheme by representing to investors that he ran a successful investment business and could offer them a special ‘friends and family’ deal investing in companies for a guaranteed return of their investment plus a high rate of interest,” Fein said in a written statement.  “I urge the investing public to view with suspicion promises of guaranteed returns.”
