Estate Sale Buzz
|Forum Home > Estate Sale 411 > Carmel Estate Liquidator Gets Year In Jail For Embezzlement|
The Monterey County Herald
A former Carmel real state agent who embezzled $242,000 worth of property — including an antique Russian soup tureen that sold for $86,000 — has been been sentenced to a year in jail.
Joseph H. Rousso, 59, was also ordered to pay full restitution to victims after he pleaded no contest to six counts of felony embezzlement.
Rousso's sentencing, which occurred June 7, was announced by the District Attorney's Office on Tuesday.
He was arrested in September 2011 after a long investigation by Carmel police and the District Attorney's Office into his actions as owner of Estate Liquidation and Appraisal Service of Carmel.
In the business, he sold personal property on consignment on behalf of persons seeking to liquidate the estates of deceased relatives.
Over several years, he allegedly pocketed money belonging to victims and was the target of several civil suits.
In the criminal case, Rousso was originally charged with allegations 10 victims lost $242,386 to embezzlements.
At one point, Rousso took a 19th century antique soup tureen to Christie's Auction House in London and sold it for more than $86,000, prosecutors said. He failed to pay the victims and told them he still had the tureen.
You must login to post.