News Nearby: Wilmington Financial Advisor Charged With Bilking Clients of $1.1 Million

North Reading Patch will run a round-up with links to stories from surrounding communities that are of interest to local residents.

Wilmington: Wilmington Financial Advisor Charged With Bilking Clients of $1.1 Million

The legal problems are continuing to mount for a Wilmington-based financial advisor.

Earlier today (March 18), the Securities and Exchange Commission announced Gregg D. Caplitz, who been charged with stealing money from clients who were given the false impression they were investing in a hedge fund.

In 2012, Caplitz was charged with filing multiple false tax returns and was later charged with conspiracy and impeding the IRS.

Tewksbury: 

There has been much discussion over the past few weeks regarding the potential periodic closing of the South Fire Station next fiscal year due to a reduction in funding for overtime.  In an open letter to the Town, a member of the Tewksbury Fire Union has accused the Board of Selectmen and the Town Manager of not caring about the South end of Tewksbury or about public safety.

We consider this an outrageous accusation and a scare tactic of the worst kind.  In fact, the Board of Selectmen and the Town Manager value all of the Town’s public safety personnel and appreciate the hard work and dedication they provide to our community.