This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
05/19/2026
Former New York State Judge and Brooklyn Real Estate Investor Charged with Wire Fraud Conspiracy
United States Attorney's Office Eastern District of New York
Earlier today, at the federal courthouse in Brooklyn, a complaint was unsealed charging Sam Sprei, also known as “Yechiel Sprei,” “Shimon Sprei,” and “Eli Shapiro,” and Edward Harold King, a former Kings County Supreme Court Justice, with wire fraud conspiracy. Both defendants were arrested this morning and are scheduled to make their initial appearance this afternoon before United States Magistrate Judge Clay H. Kaminsky.
Joseph Nocella, Jr., United States Attorney for the Eastern District of New York, and Harry T. Chavis, Jr., Special Agent in Charge, Internal Revenue Service Criminal Investigation, New York (IRS-CI New York), announced the arrests and charges.
“As alleged, the defendants stole millions of dollars from investors by cynically leveraging King’s position as a sitting judge to lend false legitimacy to supposed investment opportunities,” stated United States Attorney Nocella. “Today’s arrests demonstrate that this Office will hold accountable those who exploit victims for their own financial gain. Holding corrupt individuals accountable for the abuse of public trust will always be a priority of our Office.”
“Fraud that hides behind a veneer of legitimacy—especially the authority of a judge—strikes at the heart of public trust,” stated IRS-CI New York Special Agent in Charge Chavis. “IRS‑CI will relentlessly follow the money, expose deception, and ensure that those who manipulate and mislead investors are brought to justice. Today’s arrests send a clear message: schemes dressed up as opportunity will not shield wrongdoers from accountability.”
More InfoAlerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more informationResources
Your electronic library to help in fighting financial fraud for all of our partners.
more information
