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Staten Island Title Company Owner Gets Light Prison Sentence
   

Jonathan Boxman, former owner and operator of Staten Island-based Titledge Insurance Company of New York, Integrity Title Agency, and several other title agencies, abstracting companies, and affiliated businesses, has been sentenced to 6 months in prison in a $2.2 million fraud.

Boxman, 48, pled guilty las year to a wire fraud charge in connection with crimes he committed between 2006 and 2008.  Boxman, whose business ventured at one point employed over 250 people, diverted money held in trust to complete transactions into his business accounts in order to keep his business enterprises afloat as the housing market crumbled.

Boxman left a mess in the wake of his crimes.  Boxman not only stole loan money held in trust to pay off mortgages but also pocketed money earmarked to pay taxes and other fees for his customers.  Numerous mortgages and deeds were never recorded.  According to local news reports, after his businesses were shuttered, trash bags stuffed with customers' files, including copies of drivers licenses and social security numbers, were piled outside the empty offices and left unattended.

Boxman's relatively light sentence may be related to his conduct since his arrest.  Boxman, who used the stolen money for operating expenses of his businesses, including to pay salaries of his employees and avoid layoffs, has cooperated with authorities since his arrest, has sought restitution for his victims, and has shown remorse for his crimes, according to his lawyer.

In addition to the prison time, Boxman will serve an additional six months of home confinement, and will have five years of supervised release after that.  Boxman also owes restitution to 39 victims, including a local church which Boxman owes over $460,000.  Boxman stole significant amounts of money out of $635,000 his company held in escrow for the church in a 2008 transaction.   



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What on earth was the judge thinking in this case.  A tap on the wrist for stealing 2.2 million.  This is shameful.  Six months in the clink; six months of house arrest & supervised release is not nearly enough punishment. " Seeking restitution for victims & showing remorse"  are a drop in the bucket for what this guy did.   Is he planning to have his victims bathe in that bucket of crocodile tears that he shed & see if  that will make everything alright for them.   All crooks have remorse after they're caught...one way or another they're either sorry for what they did, or damn sorry they got caught. 

Who does he plan to rob to pay the 460K he owes the local church when he gets off of home supervision. 

Victimized twice - once by him & once by the courts. 

 

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Devil's advocate-- I wonder if some victims don't want these guys out of prison quickly, because they know that as long as the guy is in prison they have no chance of getting paid back.

6 months does seem a bit on the short side either way when we're talking about a 7 figure theft, regardless of any mitigating circumstances.

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My question is how he's going to pay anybody anything once he gets out, if he has to obtain the money honestly. 

I know a now disbarred attorney, who pilfered close to a million dollars from an elderly client's portfolio, & at the disbarment proceedings claimed that there was a reason she stole so much from her client -- the money was needed to repay other clients who had been defrauded by her. 

 

 

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This sentence does seem quite short. However, most states have statutes that protect victims of crime. Restitution is generally made a condition of early release. In Connecticut A victim stands in the same position he would have been if he won a civil suit (Crime Victim's Recovery Act), and judgment liens and collection procedures can be implemented after the conviction. A civil judgment in Connecticut is good for 20 years. Judgment liens should be recorded against the Defendant at the earliest time. They will attach personally to the Defendant and follow him if he leaves the state after release. The liens will follow him on his credit report. Eventually the defendant will want an extension of credit for someting....new car....mortgage...credit card, etc.

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The mob doesn't ask for or seek a credit reprot.

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