Submitted by what-the-what24 t3_10gvizd in rva
9 years in Federal Prison is more than I thought he’d get for his “robbing Peter to pay Paul” financial crimes.
I’ve posted before that my husband did some work for Josh (and Breese) just before they got too big for their britches. Husband chased him for payment for the better part of a year, and only got paid after calling Josh out in a public setting.
Per the article in addition to paying some of the Pauls he also used the money for private school tuition for his kids and country club fees
Yes! I’m sure he paid his RCC joining fee and dues via his client’s money!!!
I like CCV better.
Meanwhile, the heroin trafficker that was recently convicted got 4½ years. 🤔
This also doesn't bode well for Michael Hild, whose fraud is valued at hundreds of times more than this. He's to be sentenced next week.
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The discussion on this seems to think he may have taken a deal.
Can you just post the article?
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Yeah but when you steal money from rich people they get mad and lawyer up and go after you
Good point and thank goodness the rich people sued him esp because he also stole from lots of not rich people.
My husband went after him initially for the money, but, in the end, it was all about the principle. After publicly shaming Josh, he got payment for him/ his crew and all of his subs. So many other really great tradesmen never got paid by Josh. They either didn’t have the time to go after him or they thought they were somehow in the wrong (eg didn’t feel they had an enforceable contract).
However this particular justice was wrought, I’m glad to see that justice was served.
I'm glad he got the payment. I have a lot more sympathy for the tradespeople than I do for the investors -- not that I don't feel for the investors at all, but people who rip off workers so they can make more money (for country clubs and private school, no less) should absolutely be brought to justice.
You don't embezzle money on accident.....
It's one thing when you are maybe stealing from one job to pay for the next job just hoping that somehow you'll get a break and everyone will end up paid.
It's another when you are stealing from one contractor or one customer and buying yourself a country club membership with it.
Also, it's like if you expanded too fast and couldn't do all the work but at least the work that you did manage to do was good, then maybe you just got in over your head. But if the work you did was shit, and you actively lied about it and ripped people off even when you had the funds, then the whole thing was never anything more than a rip off scheme.
Also he was mainly stealing from his own partners, leaving them in the lurch financially instead of him, and then on top of that he threw them under the bus in his legal defense.
Wow, and Allen Weisselberg only got 5 months
Administrative_Most t1_j54wffx wrote
Fascinating that even after he received the stolen funds, he was still unable to pay all his subs. IMO, he stole from Peter but never really paid Paul.