The Week in Review: Ponzi Scheme in Belmont, 'Smart' Meters Are In Town
Recap of events that occurred in the past week in Belmont.
Secretary of the Commonwealth William F. Galvin charged John "Jack" Cranney of 885 Concord Ave. with running a retirement Ponzi scheme in which he allegedly swindled $10 million from 36 elderly investors including his sister.
The Democrat candidates to replace former State Rep. Will Brownsberger on Beacon Hill meet in Arlington during a forum to discuss a wide-range of issues.
The Belmont Municipal Light Department has been installing nearly 2,000 'smart' meters, the ones which can communicate electric usage and rates between the utility and the homeowner, in 2,000 customer's homes since the beginning of the year.
Belmont's jobless rate jumped 14 percent in the past month but at 4.4 percent still remain well below the state and national rates of unemployment.
It appears that Mitt Romney's will have little impact on Belmont real estate in terms of sales and values if he become president.
Tomi Olson was nominated by the Godiva chocolate company for her work in creating and running the Payson Park Music Festival.
According to police, a Boston wedding guest had his own 'Hangover' moment in Belmont.