United States Attorney's Office District of Connecticut
Press Release

FINANCIAL ANALYST SENTENCED TO FEDERAL PRISON FOR STEALING FROM CLIENT ACCOUNTS

Nora R. Dannehy, Acting United States Attorney for the District of Connecticut, announced that GLORIA NEGRON, 39, of Sprague Street, Hartford, formerly of East Hartford, was sentenced today by Senior United States District Judge Alan H. Nevas in Bridgeport to five months of imprisonment, followed by three years of supervised release, the first five months of which NEGRON must spend in home confinement.  On July 16, 2008, NEGRON pleaded guilty to one count of mail fraud.

According to documents filed with the Court and statements made in court, NEGRON was employed by the Massachusetts Mutual Life Insurance Company as a financial analyst in the Hartford office of the Annuity Product Administration Department, which does business under the name of MassMutual Financial Group.  In her capacity as an analyst, NEGRON had access to client annuity accounts.  Between July 11, 2001 and August 6, 2004, NEGRON unlawfully took $57,758.39 from 35 different client annuity accounts, and then used the money for her own use and enrichment.

Today, Judge Nevas ordered NEGRON to pay restitution in the amount of $57,758.39.

This case was investigated by the United States Postal Inspection Service and was prosecuted by Assistant United States Attorney James G. Genco.

CONTACT:

U.S. ATTORNEY'S OFFICE
Tom Carson
(203) 821-3722
thomas.carson@usdoj.gov