Ex-judge accused of swindling real estate investors out of millions of dollars

May 14, 2026 - 10:37

A former New York City judge who stepped down in 2023 amid a professional misconduct probe now faces federal charges for allegedly defrauding real estate investors of at least $5 million. Prosecutors say the ex-judge abused his legal authority and reputation to lure victims into phony real estate deals, promising high returns on properties that either did not exist or were never under his control.

According to the indictment, the scheme ran for several years. The former judge reportedly used his position to appear credible, convincing investors to hand over large sums for development projects and property acquisitions. Instead of funding those ventures, authorities claim he diverted the money for personal expenses, including luxury travel, legal fees, and credit card bills.

The case has drawn attention because of the defendant's former role in the judiciary. He resigned from the bench in 2023 after a state disciplinary body investigated complaints about his conduct. The federal charges now add a new layer to his legal troubles. If convicted, he faces up to 20 years in prison for wire fraud.

Investigators are still tracing the full extent of the losses. Some victims reportedly invested their retirement savings based on the ex-judge's assurances. The case highlights ongoing concerns about financial fraud within real estate markets, especially when trusted professionals are involved.