Enfield — Enfield officials say about $300,000 of the town’s capital reserve money is still frozen in their former fund manager’s fraud case, despite a Boston court’s recent efforts to “claw back” some of his assets.

The manager, Daniel Thibeault of Waltham, Mass.-based GL Capital Partners, last year pleaded guilty to securities fraud in which he siphoned about $15 million from the GL Beyond Income Fund by making fictitious loans in other people’s names. Multiple cases against him in civil and criminal court resulted in the freezing of Enfield’s money, which represents about 20 percent of the fund the town uses for capital projects.

Thibeault, who lived in Framingham, Mass., was sentenced to nine years in prison in June 2016, but records from U.S. District Court in Boston indicate that authorities are only now beginning to seize his remaining assets to make restitution.

A September court filing identifies about $800,000 in holdings eligible for seizure, including money from 17 different bank and brokerage accounts, a 2011 Mercedes-Benz Sprinter Jetvan, and three pieces of property in Dorchester, N.H., owned by Thibeault, a 1998 Dartmouth graduate.

The filing also says that the court may be able to recoup an additional $1.7 million from his company’s separate bankruptcy case.

Town Manager Ryan Aylesworth said Enfield still was waiting to access its own funds, despite some progress in the criminal case.

“The long and the short of it is, as I understand it, that there’s still a lot of unknowns,” Aylesworth said in an interview earlier this month. “It remains unpredictable.”

Aylesworth said the town was receiving returns on its investment on paper, but added, “obviously, the principal isn’t available.”

He offered a mixed verdict on the question of whether the frozen funds had affected Enfield’s financial planning.

“I don’t think I would point to anything it’s prevented us from doing specifically yet, but it remains a possibility, especially if something unforeseen arises,” he said.

In December 2015, the Trustees of Trust Funds, the elected town officials who manage the town’s trust funds and capital reserves, circulated a request for proposals from professional consultants to help them handle finances.

Aylesworth said he wasn’t aware of the trustees ultimately having hired anyone.

Messages seeking comment from the trustees were not returned last week.

Records from the Grafton County Registry of Deeds indicate that Thibeault already has forfeited direct ownership of some of his Dorchester land to the United States Marshals Service.

According to town tax records, his holdings included a 35-acre property off Route 118 assessed at $290,000, a 0.95-acre property off Streeter Woods Road valued at $9,800 and a 0.73-acre property on the same road worth about $308.

A Nov. 20 court order authorized the seizure of Thibeault’s eligible financial and physical properties.

The order also noted that about $9,800 left over from a related Securities and Exchange Commission case against Thibeault is open to restitution claims from parties injured by his behavior.

Those hoping to assert a legal interest in this money may file a claim within 60 days of Nov. 20. Requests should go to the Clerk of the Court at 1 Courthouse Way, Suite 2300, Boston, MA 02210, as well as with Assistant United States Attorney Doreen M. Rachal at 1 Courthouse Way, Suite 9200, Boston, MA 02210.

Rob Wolfe can be reached at rwolfe@vnews.com or 603-727-3242.