SPRINGFIELD — Jeanette Norman has signed a plea agreement in federal court admitting to more than $20 million in wire fraud linked to several lending institutions.
According to court documents, she and her husband, Louis R. Masaschi, were partners in dozens of limited liability companies that owned commercial and residential property in Springfield, East Longmeadow, Enfield, Connecticut, and other regional communities.
The couple was arrested and charged with conspiracy and wire fraud in 2023. Masaschi pleaded guilty in April.