NY-AG v. Richard Sherwood

Richard Sherwood allegedly plundered over $11 million from family trusts he was responsible for overseeing. According to NY-AG, Sherwood conspired with Thomas Lagan to deceive an Ohio attorney into sending over $2 million of Julia Rentz’s money to the AUIT under the premise that it would be sent to charity, when in fact Sherwood and Lagan allegedly shared those proceeds. Sherwood and Lagan allegedly formed the Empire Capital Trust to benefit themselves and funded it with over $1 million of stolen money.

Summary generated from official New York Attorney General press release