White-Collar Crime

Lawyer Who Is Also a Rabbi Takes Plea in Mortgage-Fraud Case, Will Give Up Practice for 1 Year

After beating the rap in an earlier trial, a Connecticut lawyer has taken a plea in a mortgage-fraud case.

Rabbi David Avigdor, 58, pleaded guilty this week to making a false statement on to the U.S. Department of Housing and Urban Development concerning a real estate closing, the New Haven Register reports.

While acting as the settlement agent in the transaction, he incorrectly reported how the funds were disbursed, the prosecution said.

He faces a maximum sentence of one year and a $100,000 fine. Avigdor also agreed to pay $20,000 toward restitution prior to sentencing, to surrender his law license for a year and to refrain from doing real estate closings if he returns to practice.

Earlier coverage:

ABAJournal.com: “Ex-Lawyer and Lawmaker Gets 5 Years for Handling Closings for Mortgage Fraud Ring”

Closing NY Foreclosure Firm Agrees to Pay $4M in Pact with State AG Regarding Paperwork Shortcuts

Prosecutor Calls Courthouse Pamphleteer's Message a 'Significant Threat' in Jury Nullification Case

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