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Previously Convicted Felon Pleads Guilty to Fraud Charge, Admits Violating Supervised Release

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Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that JOHN VOLOSHIN, 60, formerly of New Haven and Woodbridge, pleaded guilty today in Hartford federal court to one count of wire fraud and also admitted to violating a condition of his federal supervised release.

On May 17, 2012, U.S. District Judge Robert N. Chatigny sentenced VOLOSHIN to 33 months of imprisonment and three years of supervised release for operating multiple fraud schemes that caused losses of more than $1.5 million to individuals and lenders.  As part of the schemes, VOLOSHIN forged signatures and used fabricated bank account statements, tax returns, mortgage releases and loan applications.  VOLOSHIN was released from prison on May 16, 2014, and began serving a three-year term of supervised release.

Shortly after his release from prison, in an attempt to gain permission from the U.S. Probation Office to travel to London, VOLOSHIN repeatedly lied to and misled his supervising probation officer by concocting a bogus job for a real estate concern in London.  On November 7, 2014, Judge Chatigny sentenced VOLOSHIN to an additional nine months of imprisonment and 27 months of supervised release for violating the terms and conditions of his federal supervised release. 

VOLOSHIN was released from prison on June 8, 2015, and began serving his 27-month term of supervised release.

According to court documents and statements made in court, beginning in the fall of 2015, VOLOSHIN engaged in another fraud scheme by soliciting money from individuals and representing that the money would be fully invested to generate very high returns.  Although VOLOSHIN did invest some of the victims’ money, he used substantial portions of the victims’ money for personal expenses, including a $20,000 payment toward a luxury apartment in Manhattan, and for plastic surgery, fine dining, retail shopping and alcohol.

VOLOSHIN has been detained since his arrest on May 26, 2016.

VOLOSHIN pleaded guilty to one count of wire fraud, which carries a maximum term of imprisonment of 20 years and a fine of up to $250,000.  He also admitted to one violation of the terms and conditions of his federal supervised release, which carries a maximum term of imprisonment of two years.  He is scheduled to be sentenced by Judge Chatigny in Hartford on May 4, 2017.   

The matter is being investigated by the Federal Bureau of Investigation.  The case is being prosecuted by Assistant U.S. Attorneys Marc H. Silverman and David T. Huang.


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