Manchester Police Department
Frank Mete, who is accused of impersonating a police officer and sexually assaulting an escort in Manchester, is also charged with running a fraud scheme and has pleaded guilty of wire fraud and tax evasion.
The Berlin man accused of impersonating a police officer and sexually assaulting a female escort has been convicted of running an investment fraud scheme that cheated investors out of more than $1 million, according to a release from the U.S. Attorney’s office.
Frank Mete, 55, was arrested in early November following the reported sex assault and has been in police custody since. He pleaded guilty today to wire fraud and tax evasion charges stemming from a joint investigation by the FBI and IRS, according to the release.
The U.S. Attorney’s office said Mete posed as a broker dealing loans at interest rates of 15-to-18 percent between investors and fictitious borrowers. Mete allegedly drafted false promissory notes and other documents and records to convince investors that the deals were legitimate, then forged borrowers’ signatures and deposited the checks into bank accounts he had opened in the borrowers’ names.
Mete is accused of defrauding investors of $1,191,610.50 between 2009 and 2012. The U.S. Attorney’s Office said Mete used that money for personal gain. He also neglected to file federal income tax returns over those four years, costing the government more than $357,000, the U.S. Attorney’s office wrote.
Mete has not been sentenced but could spend up to 25 years in jail on those charges alone.
He’s also charged with multiple counts of first-degree sexual assault, unlawful restraint, first-degree robbery, impersonating a police officer and sixth-degree larceny in connection with the November incident in Manchester.
Manchester police said they expect to file additional charges and that Mete could be implicated in other similar assaults.
Mete is due back in Manchester court on Dec. 13.