EAST PROVIDENCE — Title America Closing Services LLC has shut down and been placed in receivership amid allegations that its owner and her husband may have looted more than $800,000 from company accounts.

In recent weeks, there has been a flurry of activity in Superior Court, Providence, surrounding Title America, at 855 Waterman Ave., as well as its owner/president Angela P. Raposo and her husband, Marco P. Raposo.

The FBI’s Providence office has also launched a criminal investigation into the missing money.

Tom Connell, a spokesman for U.S. Attorney Robert Clark Corrente, would neither confirm nor deny that federal authorities have taken an interest in the case.

Title America is a limited agent that issued title insurance policies and acted as the mortgage transfer agent for Stewart Title Guaranty Co., in Rhode Island, New Hampshire, Connecticut and Maine.

Stewart Title is a subsidiary of Stewart Information Services Corp., an international corporation that is based in Houston and publicly traded on the New York Stock Exchange.

Last month, Stewart Title filed a civil lawsuit in Superior Court against Title America and the Raposos. According to a sworn statement filed by Joseph D’Amico, Rhode Island manager for Stewart Title, the office manager for Title America called him on Feb. 26 and said “we have a problem.”

The office manager, Catherine MacDougall, told D’Amico that she had to pay off approximately $700,000 in mortgages, but that there was only $175,000 in Title America’s escrow account. MacDougall, the affidavit notes, also said that the Raposos also had an “outstanding payoff” of $262,970 on another mortgage that they used to finance their home at 1 Peach Orchard Drive, in East Providence.

Other outstanding mortgages handled by Title America are $486,000 for property in Brea, Calif., and more than $91,073 for property at 321 Church St., in Richmond, R.I.

McDougall also told D’Amico that Angela Raposo was in a drug rehabilitation program seeking treatment for an addiction to painkillers, the affidavit states.

McDougall and Raposo are sisters.

On April 15, a Superior Court judge granted Stewart Title an attachment on the Raposos Peach Orchard Drive property for $1.25 million. In a motion, Stewart Title’s legal counsel alleged that at trial it’s likely that the Raposos would be found culpable of “fraud, negligence and fraudulent conveyance.”

Mary L. Cataudella, a lawyer for Robinson & Cole, of Boston, who filed the motion, refused to answer any questions about the lawsuit this week.

“I can’t comment on an ongoing case,” she said. “Thank you very much.”

The Raposos could not be reached for comment. Their last listed phone number has been disconnected.

Title America first opened in January 2005 at 188 Taunton Ave., in East Providence. The firm later moved to its last address on Waterman Avenue in East Providence.

A former employee told The Journal that from April through December 2006, America Title served as the transfer agent for about 300 titles nationwide. The ex-employee said that Raposo and four other women worked in the office.

A visit to Title America this week showed that the business is indeed shut down.

The front door of the business, beneath Title America in bright red letters, was locked. On the window was a “Legal Notice,” that stated Title America “is no longer conducting business.”

bmalinow@projo.com