Feds: Newtown man charged bank customers fake fees

A Newtown man has been indicted on federal charges that allege he bilked customers at an Asian Bank branch that he worked at by adding fake fees to mortgages and loans.

Horng “James” Dai, 46, faces up to 65 years in jail and a $2.5 million fine.

The indictment outlines seven instances that date back to 2009 in which Dai allegedly charged bogus fees ranging from $200 to $1,300.