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Showing posts from May 17, 2009

Woman sentenced for draining $1.3 million from E. Providence title-insurance firm

By W. Zachary Malinowski

Journal Staff Writer An emotionally charged Angela Raposo stood before the court Friday and blamed her addiction to painkillers for her felonious ways. Raposo, in loud halting sobs, told U.S. District Court Judge William E. Smith that dependence on drugs was responsible for her looting more than $1.3 million from company accounts at her title-insurance firm in East Providence.“I’m sorry, but sorry is not good enough,” Raposo said. “I’m a good person. I’m a good mother. I just messed up.”Smith wasn’t satisfied. He felt that Raposo, who had pleaded guilty to wire fraud, was too quick to blame her descent on drugs. He wanted to know why no one in her close-knit family from Riverside didn’t notice her reckless spending on houses, cars, jewelry and vacations.“There was $1.3 million wandering through the family coffers,” Smith said. “Did anybody ask, ‘Where are the cars and homes coming from?’ ”Ralph E. Chiodo, Raposo’s lawyer, said her parents never bothered to ask.…