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Wednesday, dec 18
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52°
Wednesday, dec 18
Tag:
Michael Alan Siegel
Police & Fire
Broker From Livingston Gets 3 Years For Stealing $270K From Elderly Couple
An investment broker from Livingston was sentenced Friday to three years in prison for stealing more than $270,000 from an elderly couple he befriended, the state Attorney General's office said. Michael Alan Siegel, 62, must also pay restitution to the woman. Her husband has since died. In June, Siegel pleaded guilty to theft by deception in Essex County Superior Court. He was friends with the couple when he suggested they transfer their investment accounts, which totaled more than $2 million, to the brokerage Siegel went to work for in 2013. When Siegel took a job a…
Police & Fire
Broker From Livingston Stole $270K From Elderly Couple
An investment broker must pay restitution to an elderly widow after admitting he stole more than a quarter of a million dollars from her and her husband, Attorney General Gurbir S. Grewal said Monday. Michael Alan Siegel, 62, of Livingston, who pleaded guilty to theft by deception in Essex County Superior Court, is scheduled to be sentenced in September. Prosecutors wilk ask for a three-year sentence. Siegel was friends with the couple when he suggested they transfer their investment accounts, which totaled more than $2 million, to the brokerage Siegel went to work for in 2013. The husband…