Real Estate Lawyer Admits To Stealing Mortgage Proceeds

Massachusetts attorney David Spector was apparently good at closing real estate deals - so good that his clients didn't know he was using some of their mortgage proceeds to steal almost $602,000, the Associated Press said. Now, Spector, 52, has pleaded guilty in a Providence, R.I. federal court to wire fraud and money laundering. Prosecutors charged that he siphoned off money when closing three mortgage refinancing deals to pay personal expenses and and prior mortgage notes. He will be sentenced in August, the AP said.

Real Estate Lawyer Admits To Stealing Mortgage Proceeds

Australian Broker Enters Plea To Trades That Only Made $371.07

SEC Charges Ill. Dad And Son In Stock Cherry-Picking Case

Authorities In Britain Arrest Ex-BlackRock Fund Manager

Orange County Yacht Dealer Is Arrested In Florida For Ponzi

Three Charged In New Jersey For Phony Facebook Stock Deal

Corporate CEO And Chairman To Pay For $3.5 Mil 'Misdirection'

'Just An Everyday Person We Trusted' To Serve Jail Time

Tom Petters Wants His Current Prison Sentence To Go Away

ASC Files Ponzi Case Charges Against Two Canadians

Feds Nail Russian Nationals At LAX After A $40 Million Scam

89 Defendants Are Arrested In $223 Million Medicare Scheme

California Man Convicted In $250 Million Real Estate Ripoff Case

Forex Ponzi Scheme Results In Court Order To Repay $23 Mil

Texas Man Gets 71 Months For Pump & Dump That Made $3 Mil

Regulator Sues Metal Dealer For Allegedly Cheating Buyers

FINRA Fines Three Companies For Ignoring Money Laundering

D.C. Judge Throws Out Charges After Seven-Year Litigation

Mortgage Servicing Company To Pay $14 Mil To Settle Lawsuit

Delray Beach Resident Charged With Fla. Land Ponzi Scheme

'Criminal Club' Member Gets Prison Time, $5 Million Fine

Feds Now Targeting Broker In Commodity Inside Trading Case

Hammer Of Justice Falls Hard On Four Chicago Scam Defendants

Former ArthroCare Executive Enters Plea To Pumping Sales

Trial Set For SAC Hedge Fund Manager Steinberg In November

Two So. Calif. 'Street Angels' Now Headed To Federal Lockup

Hedge Fund Manager Pays $4 Mil; Gets A Slap On Wrist From SEC

FINRA, SEC Issue Warning On Income Settlement Sales Deals

Indictment: South Dakota Case Included NBA Star As A Victim

California Defendant Pleads As Part Of $5 Million Scheme