Home Scam/Fraud Brooklyn Lawyer Pleads Guilty To $6M Real Estate Scam: Feds

Brooklyn Lawyer Pleads Guilty To $6M Real Estate Scam: Feds

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BROOKLYN, NY — A Brooklyn attorney has pleaded guilty to swindling millions of dollars from investors through a years-long real estate scam, prosecutors announced.

Shimon Rosenfeld, 59, pleaded guilty to defrauding investors on Thursday, three months after he was first charged with wire fraud for the multi-million-dollar scheme, officials said.

Rosenfeld was accused of telling investors that he would put their money in real estate projects — including some in Brooklyn — but instead using the money for his own trades out of a brokerage account, according to prosecutors.

Investigators first said Rosenfeld scammed victims out…

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