Former Brooklyn Judge Charged with Defrauding Real Estate Investors of Millions
Edward Harold King, a former New York City judge, has been charged with wire fraud conspiracy for allegedly defrauding real estate investors out of at least $5 million. King, along with real estate developer Yechiel 'Sam' Sprei, is accused of convincing investors to deposit $6.5 million into an escrow account under false pretenses. The funds were supposed to be used for a property bid, but were instead transferred to Sprei's account. King, who resigned amid a misconduct investigation, allegedly used his judicial position to lend credibility to the scheme. Both King and Sprei have been released on bail and face up to 20 years in prison if convicted.