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Broker From Livingston Stole $270K From Elderly Couple Broker From Livingston Stole $270K From Elderly Couple
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…

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by Paul Milo