Most Active Stories
- Sen. Kelly Ayotte's State Director Resigns Following Prostitution-Related Arrest
- O'Malley Connects With Young N.H. Voters -- Musically
- Fish And Game Gets An Earful On Proposed Ban Of Chocolate As Bear Bait
- Keene City Council Rejects Permit For 2015 Pumpkin Festival
- N.H. House Passes Budget, Cuts $300 Million From Hassan's Plan
Thu January 24, 2013
N.H. Man Charged With Investment Fraud
New Hampshire prosecutors say a Dover man pocketed nearly $300,000 investors gave him to buy and rehabilitate distressed properties.
Nicholas Skaltsis of Dover was charged Thursday with 19 counts of felony theft. He was arraigned in Rochester Circuit Court and applied for a public defender.
Skaltsis was arrested at the New Hampshire State Hospital, where he is a patient.
Senior Assistant Attorney General James Boffetti — in seeking a high bond — told the judge that Skaltsis poses a danger to himself and attempted suicide sometime after the state Bureau of Securities Regulation started its own investigation last August.
The judge set bail at $300,000, effective upon Skaltsis' release from the hospital.
Boffetti said Skaltsis was arrested at the hospital and returned there by law enforcement officials after his arraignment.