BANGOR, Maine — The former chief financial officer of Brooklin Boat Yard, who is charged with stealing about $730,000 from the company over about 16 months in 2014 and 2015, pleaded not guilty to 65 charges Monday in U.S. District Court.
Steven Nygren, 49, of Salem, Massachusetts, was indicted in August by a federal grand jury on 63 counts of bank fraud and one count each of unauthorized use of an access device and attempt to avoid paying taxes between June 20, 2014, and Sept. 9, 2015.
Nygren remains free on $15,000 unsecured bail.
His attorney, Roger F. Brunelle Jr. of Portland, requested that Monday’s arraignment be delayed because Nygren suffered a “catastrophic” stroke in April. Brunelle said in his motion that his client may not be competent to stand trial as a result.
U.S. Magistrate Judge John Nivison refused to delay the arraignment but said he would consider Nygren’s competency at a later date.
A trial date was tentatively set for Dec. 6 in Bangor.
Nygren originally was charged in September 2015 in Hancock County with theft.
If convicted, Nygren faces up to 30 years in federal prison and a fine of up to $1 million on the bank fraud charges. On the use of an unauthorized access device and the tax evasion counts, he faces up to 10 years in prison and a fine of up to $250,000 and up to five years in prison and a fine of up to $100,000, respectively, if convicted.
Nygren also could be ordered to pay restitution if found guilty of the crimes.