ELLSWORTH, Maine — A former local loan broker whose license was revoked in April is one of four people being prosecuted by the Maine Attorney General’s Office who were indicted last month by a Hancock County grand jury.
Eric S. Murphy Jr., 47, who owned and operated Murphy Home Loans on Bucksport Road, was indicted June 3 on two counts of theft and one count each of security fraud and forgery, according to Kate Simmons, spokeswoman for the Maine Attorney General’s Office.
Murphy’s broker license was revoked two months ago after the Bureau of Consumer Credit Protection determined he had committed 11 separate violations of the state’s Consumer Credit Code. Murphy was ordered to pay $21,500 in fines and fees.
At the time the bureau’s superintendent, William N. Lund, wrote in the disciplinary order that Murphy is believed to have misused hundreds of thousands of dollars in business and investment funds, much of it for his own personal use.
“It is evident that [Murphy] shuffled funds from one investment project to another, making payments to earlier or more persistent investors using funds from subsequent or less confrontational investors,” Lund wrote in the order. “This activity forms the basis of what is termed a Ponzi scheme.”
Also indicted were Pamela J. Speight, 42, and Matthew J. Hamblen, 23, both of Ellsworth.
According to Assistant Attorney General Leanne Robbin, Speight and Hamblen each were indicted on a charge of theft by deception stemming from alleged acts of welfare fraud. Each is accused of misleading state officials about Speight’s work status, Robbin said. She said Speight told state officials she was not self-employed and did not own a business when in fact she did.
According to documents on file in Hancock County Superior Court, Speight formerly was known as Pamela J. White and has the same address as Hamblen. Each is accused of stealing more than $1,000 by deceiving the Department of Health and Human Services from 2006 to 2008.
Robbin said Daisy Doyon, 28, of Franklin was indicted on charges of aggravated forgery and theft.
According to Robbin, Doyon misrepresented information on employment and wage verification forms that she submitted to the state for ASPIRE benefits, which can be used to pay expenses related to job retraining or education.
Doyon is accused of stealing more than $1,000 from the state in 2008 through the alleged intentional misrepresentations, according to court documents.
Doyon also was indicted last week on an unrelated charge of failure to report a crime, which is being prosecuted by the Hancock County District Attorney’s Office.