Owner/broker of Success Real Estate indicted for emblement of $11.6M

Allegedly stole from clients and his agents

Stephen Webster broker/owner of Success Real Estate has been indicted by the Plymouth County District Attorney for stealing over $11.6 million.

“The comingling of escrow accounts and others used by Webster dates back to at least 2023. State investigators began looking into Success! in March of that year. Webster allegedly showed them a forged bank letter showing an escrow account that held about $1 million. In reality, that account only had about $7,000,” according to Boston dot com.

How should we respond as an industry? Watch my take posted below.

PS Don’t forget new rules on Home Inspectors go into effect October 15th.

This interview was interesting with Atty Ahearn who represent several former Success agents.