Monadnock Ledger-Transcript – Legislative solution to Peterborough scam fund recovery unlikely

 Monadnock Ledger-Transcript – Legislative solution to Peterborough scam fund recovery unlikely

In public discussions over a $2.3 million fraud perpetrated against Peterborough, some have questioned whether the New Hampshire Legislature could pass a bill to restore the lost taxpayer money.

So far, that doesn’t seem likely.

“Discussions about legislation of this type have been had with members of our delegation and with other persons serving in the State government; so far none of those conversations have been fruitful,” Town Administrator Nicole MacStay said in an email.

Lisa Thompson, an attorney who is chair of the New Hampshire Bar Association Intellectual Property Section, said such a bill would set a bad precedent.

“It would mean that every time a town had some kind of issue like that they would expect to be reimbursed,” she said. “I mean I understand trying for legislation, but I think the state would be foolish to do that because it would lead to everybody coming and wanting to be reimbursed.”

She said that…

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