Mequon Estate Attorney Sentenced to 4 Years in Prison for Stealing over $2 Million from Clients
A Mequon estate attorney has been sentenced to four years in prison for defrauding clients out of $2.2 million in funds.
Sarah Laux, 35-years-old, was sentenced on charges of bank fraud, wire fraud, mail fraud, money laundering, and tax fraud.
She was sentence to 48 months in federal prison and ordered to serve five years of supervised release.
The court ordered Laux to pay $2,072,276.48 and forfeit properties including her Mequon residence, a Las Vegas timeshare, $5,000 in currency, seven jewelry items, and two insurance businesses.
Laux was indicted in December 2014 with defrauding four different clients an entity and three individuals to whom Laux had provided trust and estate advice.
Laux defrauded those clients out of more than $2.2 million in funds.
Laux used the money to buy residential property and an insurance business and to pay her bills.