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Retired Boston police officer charged with wire fraud

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A retired Boston police officer is facing wire fraud charges in federal court in New York, according to authorities.

Daniel Rice, 50, of Stoughton, was arrested Friday on charges of wire fraud and conspiracy to commit wire fraud, the FBI said in a statement. He was released after appearing in federal court in Boston, and he is scheduled to be arraigned in Buffalo on Friday.

Court records did not list an attorney for Rice. A call to a number listed for him was not returned on Monday night.

According to prosecutors, Rice, owner of the now-defunct Security Financial Development LLC, steered investors to companies that were controlled by an alleged accomplice, Michael Wilson, formerly of Hamburg, N.Y.

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