Connecticut Attorney General's Office

Press Release

Attorney General Statement On F&S Oil Guilty Plea In Federal Court

August 11, 2010

“My office is actively investigating Richard Stevens in connection with the collapse of F&S Oil. If the facts warrant, we will seek to impose further sanctions, including monetary penalties or forfeiture. 


“My office has already obtained $1 million in restitution for F&S customers, which will be distributed soon to eligible consumers. We are continuing to investigate in an effort to provide additional restitution.

“I commend the U.S. Attorney’s Office and federal law enforcement officials for their hard work in winning this guilty plea. I am pleased that federal authorities have brought to justice an individual at least partially response for F&S’ failure -- leaving thousands without oil or services in the midst of the heating season.”