Albany Attorney Admits to Stealing From Elderly Clients in $11.8 Million Estate Fraud
The announcement was made by
Sherwood also pled guilty today, in
Sherwood, an attorney since 1988, practiced primarily in the area of trusts and estates. Starting in about 2006, he provided estate planning and related legal services to
In pleading guilty, Sherwood admitted that after
IRS-CI Special Agent in Charge
Sherwood admitted that he and a co-conspirator stole
Sherwood's co-conspirator is presumed innocent unless and until proven guilty.
Sherwood admitted that he and the co-conspirator induced
Sherwood also pled guilty to filing false federal tax returns in 2013 and 2015. These returns were false because he did not report, as other income, about
Sherwood faces up to 20 years in prison, a maximum fine of
Sherwood has agreed to forfeit
Sherwood served as
The federal case is being investigated by the
The state case is being prosecuted by Assistant Attorneys General
The investigation was led by Investigator
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