William Trudeau Jr. Sentenced to 188 Months In Prison

William Trudeau Jr., formerly of Newtown Oil fame, was sentenced to 188 months in prison for mortgage fraud.

William A. Trudeau Jr., 50, of Norwalk, was sentenced Tuesday to 188 months in prison for mortgage fraud. His wife, Heather Bliss, 37, was sentenced to 30 months in prison.

Newtown and Danbury residents know Trudea and Bliss for their involvement in the Newtown Oil fraud case. Trudeau was convicted in 2008 on nine felony counts of larceny for taking hundreds of thousands of dollars in oil deposits, but not delivering the oil, he faced at least 20 years of jail. He got no jail time on those charges, but he was put on five years of probation.

In the mortgage fraud case, on October 9, 2012, a jury found Trudeau guilty of one count of conspiracy to commit bank fraud, mail fraud and wire fraud, and one count of wire fraud.  On July 30, 2010, Bliss pleaded guilty to one count of conspiracy to commit wire fraud. According to the evidence and witness testimony during Trudeau’s trial, in 2004, Trudeau and Joseph Kriz, a real estate attorney in Wilton, formed Aspetuck Building & Development through which Trudeau, Kriz and others intended to purchase, develop and sell properties.  Trudeau was an unnamed principal in the business.  Bliss was employed as a paralegal for Kriz and, in that capacity, had responsibility for preparing and maintaining all legal and bank documents related to real estate transactions handled by Kriz. From approximately February 2004 to April 2010, Trudeau conspired with Bliss, Kriz, Fred Stevens, Thomas Preston and others to defraud federally insured financial institutions and mortgage lenders.  As part of the scheme, Trudeau and his co-conspirators submitted false mortgage loan applications to financial institutions to obtain mortgages on various properties in Fairfield County. 

B T February 13, 2013 at 12:15 PM
NO RELATION to Brian & Kristen Trudeau! This being a small town and our name being not very common, figured I'd just get it out there.
Becky February 13, 2013 at 05:33 PM
About time they have real consequences for their actions. I feel badly for their three children but these two have tried to get away with a lot over the years. It's about time the law caught up to them.
wendy lee hewitt February 13, 2013 at 08:36 PM
Sad situation all around. His children are in my thoughts.
WaxyGordon February 15, 2013 at 02:44 PM
This guy thought he was smarter than everyone else and above the law...glad to see that justice was finally served
Susan Morgan February 17, 2013 at 04:44 AM
Justice at last. He and Heather will no longer be 'Living Large'. They were living large on other peoples money!!!So sad for there young children.


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