A Virginia attorney and title company owner who admitted to pocketing $2.3 million in escrow funds that were supposed to be used to pay off the closing obligations in at least twelve real estate transactions in 2013, has been sentenced to 71 months in prison.

David R. Flynn, 44, of Norfolk, Virginia, pled guilty to mail fraud and unlawful monetary transactions in connection with an escrow misappropriation scheme, in which Flynn failed to pay off client mortgages at closings.  Flynn used his title business, Assured Title of Virginia, LLC in Virginia Beach, to commit his crimes.

Flynn used the stolen funds to pay a personal credit card, to travel to tropical destinations, such as Costa Rica, Miami, and the Bahamas, sometimes paying for friends to join him, and on at least one occasion, to charter a private plane.

At his sentencing hearing, friends of Flynn testified that he had a drinking problem that led to his criminal behavior.  In a prepared statement, Flynn expressed remorse for his crimes and vowed to once again become a productive member of society.

In addition to his sentence, Flynn will have to pay up to 25% of his future income to his underwriter, First American Title Insurance Company, in order to make restitution to them for claims they had to pay as a result of Flynn's misappropriation.