
Failed Muni Bond Draws FBI and Sparks `Ponzi-Like Fraud’ Claims
(Bloomberg) — Before the lawsuits started piling up in courtrooms across Connecticut, before his employer accused him of running a “massive Ponzi-like fraud,” and before the FBI showed up, Robert Cappelletti looked well on his way to pulling off one of the greatest muni-bond coups of all time. The plan Cappelletti had put together was so…