Former Mayor Gets 5 Years in Federal Prison for International Wire Fraud

Peter DiRosa will be spending the next nearly five years in federal prison, according to an article in the Portland Press Herald.

A federal judge in Maine sentenced DiRosa on May 9 for his role in an international wire fraud scheme that involved convincing an 80-year-old Kennebunk resident to give he and an associate $600,000 to invest in an alleged Hungarian resort project, according to the paper.

Despite several requests by the Maine man for DiRosa and Thomas Renison, of Glastonbury, DiRosa's and at one time the man's financial adviser, to never return the money and the promised return on investment, neither man ever did, according to court records.

DiRosa was convicted of wire fraud after a three-day trial in January 2013. In addition to serving 57 months in prison, DiRosa is subject to three years of supervision upon release and he must repay $540,000 in restitution; $60,000 of the man's initial investment had been previously returned, according to the Press Herald.