Real Estate Broker Steals Millions, Sentenced
Boston News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Stephen Webster, a 63-year-old real estate broker from Marshfield, Massachusetts, was sentenced to 2-3 years in prison for embezzling millions from escrow funds. He owned Success Real Estate and pleaded guilty to embezzlement, larceny, witness intimidation, and faking financial statements. Webster stole over $11.6 million from client accounts between 2023 and 2024, leaving employees, agents, and clients in financial distress. He was also ordered to pay full restitution and is banned from fiduciary roles without court permission.
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