SWANSEA, MASS. (WHDH) – A 46-year-old Attleboro man will remain behind bars after his arraignment in connection with a wide-ranging fraud investigation at his used car business in Swansea.
Swansea police said authorities arrested Edward Cicciu near 9 p.m. Tuesday.
Cicciu had a not guilty plea entered on his behalf at his arraignment on Thursday. After a presentation from the prosecution and an exchange with the defense, the judge in Cicciu’s current case revoked bail in a prior matter.
Among allegations, police said roughly 25 people came forward beginning in May to report being defrauded by Cicciu’s business, Bristol County Auto Exchange.
Citing an extensive investigation, police said Cicciu received cars on loan from a local auctioneer. Though he physically received the cars, Cicciu allegedly would not receive the titles until he actually paid the auction company the full cost.
Police said Cicciu sold the cars, attached fake or fraudulent …