Thursday, August 1, 2013

Brother of NFL player sentenced for dealing pain killers

HARTFORD -- The brother of a former Brookfield High School and UConn football star will be spending 27 months in prison for selling painkillers to an undercover U.S. Drug Enforcement Administration agent and a government informant.

U.S. District Judge Vanessa L. Bryant imposed the sentence on Kyle Lutrus, 28, of 10 High Ridge Road, Brookfield. In addition to the prison term, Lutrus was ordered to forfeit $60,000 and his 2005 Honda Accord to the government. The $60,000 represents the cash down payment he made on the High Ridge Road home he purchased for $295,000.

Lutrus is the brother of Scott Lutrus a linebacker with the Indianapolis Colts who missed all of last season after tearing his ACL in an exhibition game.

Kyle Lutrus was arrested by the DEA after he sold approximately 343 pain killers to an undercover agent.

Lutrus told U.S. Probation Officer Timothy Donahue that he bought and sold oxycodone from December 2011 to December 2012 to "support my habit as I was using at that time with my girlfriend." He estimated that his habit was costing $800 a week.

Since then, Lutrus, who has his electricians' license, quit his addiction "cold turkey."

Lutrus told Donahue he feels "horrible" about selling drugs and "I don't want it on my conscience."

But Assistant U.S. Attorney David X. Sullivan countered those comments.

"Apparently, the defendant's horror does not weigh heavily enough on his conscience to allow him to identify his sources of supply of oxycodone or the names of his customers," Sullivan said. "The defendant's feigned concern for those to whom he sold oxycodone is nothing more than crocodile tears."

Assistant U. S. Public Defender Paul Thomas pointed out in court papers that his client, a first-time offender, is in recovery and has a "solid history of gainful employment."

"Kyle Lutrus deviated disastrously from his positive and productive lifestyle when he became addicted to prescription painkillers and then sold those drugs to other people," Thomas told the judge in a pre-sentence memorandum. "He righted himself and is living free of drugs, working and supporting himself in a law-abiding lifestyle."

mmayko@ctpost.com.

Source: http://www.ctpost.com/local/article/Brother-of-NFL-player-sentenced-for-dealing-pain-4701339.php

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China manufacturing weak as small firms hurt more

HONG KONG (AP) ? Chinese manufacturing remained weak last month with small and mid-sized private businesses suffering a bigger share of the pain, two surveys indicated Thursday, adding to an uncertain outlook for the world's No. 2 economy.

The official China Federation of Logistics and Purchasing's manufacturing index strengthened slightly to 50.3 from June's 50.1. Separately, the private HSBC purchasing managers' index fell to an 11-month low of 47.7 from 48.2 in June. Both use a 100-point scale on which numbers below 50 indicate contraction.

Analysts said the federation's survey mostly covers big state-owned enterprises while the HSBC survey is more geared to small and medium-sized private companies.

The HSBC report said output at Chinese manufacturers fell as total new orders dropped at the sharpest rate in 11 months because of a decline in new business in both China and overseas. Export orders fell for the fourth straight month, though at a slower pace. Exporters told researchers that new sales to Europe, Southeast Asia and the U.S. fell from June. Chinese manufacturers shed jobs at the fastest pace in four years.

The federation's survey also found that new export orders, while improved, remained below an index reading of 50 last month

Fallout from China's manufacturing slump may be felt globally, as declining orders result in less demand for iron ore and other commodities from countries such as Australia and Brazil and for industrial components from Southeast Asia, Taiwan and South Korea.

China has recorded five straight quarters of growth below 8 percent, a substantial economic cooling for a country that previously grew at double-digit rates.

Analysts said the survey results indicate smaller private companies may still be feeling the effects of a credit shortage that began in June as Chinese regulators try to rein in a lending boom over fears it could race out of control. The credit crunch caused interest rates on loans between banks to spike to a record high.

"Smaller companies probably have been affected more by the liquidity squeeze," said Wei Yao, China economist at Societe Generale.

China's central bank wants to tighten lending standards, which should reduce risk but is likely to reduce financing for private businesses that generate China's new jobs and wealth.

"We shouldn't dismiss the positive side in the official PMI, but at the same time the HSBC PMI is a reminder that things are still difficult especially, with smaller companies," she said. "So basically that suggests as a whole if there is a recovery, it's a very gradual one and it's still quite unstable."

Source: http://news.yahoo.com/china-manufacturing-weak-small-firms-hurt-more-044116355.html

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