Judge raises bond for Groton man in fraud case

Guy N. Parsons of Groton, who was released on home arrest in April after he was charged with defrauding the state of $71,196, was ordered held in lieu of $50,000 Tuesday after a bail commissioner reported to a New London Superior Court judge that Parsons violated the conditions of his release.

Parsons, 57, 390 Long Hill Road, is accused of collecting food stamps and general assistance payments from June 2011 to November 2013 while self-employed as a loan broker at his company, Mountain Atlantic Lending LLC, according to a court document.

The state Department of Social Services began investigating after receiving a call on its Fraud Hotline that Parsons, who had reported he was unemployed when applying for the benefits, was earning as much as $10,000 a month.

Parsons posted $25,000 bond after he was charged in March with two counts of first-degree larceny and four counts of providing a false statement in the second-degree. He was placed on electronic monitoring and ordered to leave his home only for legal and medical appointments and to go shopping on Monday and Tuesday afternoons.

During a court appearance Tuesday morning, Judge Hillary B. Strackbein increased Parsons’ bond to $50,000, cash only, after receiving a report from the bail commissioner’s office that he had failed to return home after an appointment. His next court date is Aug. 19. 


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