Fla. Trustee Gets 7 Years In $16M Fraud Case

Law360, New York (September 19, 2011, 4:26 PM ET) -- A Florida judge on Friday sentenced longtime bankruptcy trustee Marika Tolz to nearly seven years in prison for a fraud scheme in which she misappropriated $16 million from cases she oversaw.

Judge Matthew Destry ordered Tolz, 65, to serve 81 months in prison, the same sentence she received in a parallel federal case. She will serve the sentences concurrently in a federal prison, followed by 10 years probation. She must also pay $705,000 in restitution and attorneys' fees in relation to the state case, in which she...
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