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February 11, 2008

AG targets oil dealer's assets

Maine Attorney General Steven Rowe is targeting the assets of the owner of a Biddeford-based oil company that allegedly failed to honor customers' prepaid oil contracts.

The AG's office is trying to freeze the assets of Nicholas Curro, who owns Price Rite Oil, Perron Oil and Veilleux Oil & Service, in order to keep Curro from cashing them out before his customers can get their money back, Portland news station WSCH 6 reported. The AG's office has received more than 350 complaints that Curro's companies did not deliver oil to customers who had prepaid for oil, prompting Biddeford police last month to launch a criminal investigation and seize the company's records.

Curro also is under federal investigation for allegedly taking money from the state's low income heating assistance program and failing to deliver heating oil to those customers, the news channel reported.

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