BOSTON — A Connecticut real estate agent was sentenced in Boston federal court on Monday for participating in a multi-year scheme to defraud his clients, according to a release from U.S. Attorney Joshua Levy of the District of Massachusetts.
Prosecutors say Sheldon Haag, 34, of Glastonbury, Conn., engaged in fraudulent short sales of government and bank-owned properties to straw buyers acting at his discretion. Haag pleaded guilty to one count of conspiracy to commit wire fraud in June 2023.
On Monday, Haag was sentenced to one year and one day imprisonment followed by two years of supervised release. Haag must also forfeit $277,331 and pay restitution in an amount that has not yet been determined…