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Accounting | August 4, 2026
Massachusetts: Ex-Accountant Gets Federal Prison for Role in Real Estate Scheme
Christine Gendron, 61, was sentenced to six months in federal prison for her role in a $19 million fraud scheme that involved properties in the area.
Staff reports
masslive.com
(TNS)
SPRINGFIELD — A former accountant has been sentenced to six months in federal prison for her role in a $19 million fraud scheme that involved properties in the area.
Christine Gendron, 61, was sentenced on Thursday and ordered to pay $392,607 in restitution, according to a statement from the U.S. Attorney’s Office for the District of Massachusetts. After Gendron‘s release from prison she will spend six months in home confinement.
Prosecutors say Gendron worked on the finances at JLL Realty Developers with her sister Jeanette Norman and brother-in-law Louis Masaschi. The company held property in Western Massachusetts and Connecticut.
From mid-2016 to late 2018, the company gave banks false information and forged documents to lenders when obtaining loans, according to prosecutors. They made little to no payments on the loans, later defaulting and causing $18.2 million in losses, the U.S. Attorney’s Office statement said.
