GRAFTON – A former Grafton Select Board member has pleaded guilty to federal fraud charges connected to one of his businesses.
Bruce W. Spinney III pleaded guilty to wire fraud and engaging in an unlawful monetary transaction. He has not yet been sentenced.
The Community Advocate reports Spinney was arrested in 2024 after being accused of defrauding investors in his cannabis company. Investigators alleged investors believed their money would be used for infrastructure and licensing, but Spinney instead used the funds to pay down other debts and loans.
