Victims skeptical of repayment vows as former real estate broker heads to prison for embezzling $11M
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By Amal Elhelw
Published on April 1, 2026.
Stephen Webster, former president of 'Success! Real Estate', has been sentenced to at least two years in prison for embezzling $11.5M in client escrow funds. Webster allegedly used the funds to pay debts and loans, and buy rental property in Florida. Many of Webster's victims were in court to hear his promises of working to repay them in full. Webster's attorney, James Caramanica, called these crimes "a series of bad business decisions" and "harmful". The judge decided on a 2-3 year prison sentence with 5-years probation.
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