Description
FREEHOLD, NJ - A Freehold resident was charged Friday with theft of $71,000 in client funds during the sale of a Middlesex County home, the Middlesex County Prosecutor's Office announced Friday.
Bert T. Lundberg, 56, of Freehold was charged during a virtual court appearance with one count of third-degree misapplication of entrusted property and one count of third-degree theft by failure to make required disposition of property received. Lundberg formerly operated out of an Old Bridge practice on Englishtown Road.
The charges come following an investigation conducted by Det. Andrew Winter of the Middlesex County Prosecutor's Office, who determined that the Freehold resident received a $71,000 down payment from the home buyers to be held in his attorney trust account. However, after the home closing on November 26, 2019, the deposited money was never forwarded to the homeowners.
On March 3, 2020, Lundberg voluntarily consented to disbarment as a result of the New Jersey Office of Attorney Ethics Investigation, the prosecutor said. Lundberg was admitted to the New Jersey State Bar in 1991.
The investigation is active and is ongoing. Anyone with information is asked to call Detective Andrew Winter of the Middlesex County Prosecutor's Office at (732) 745-3192.
Have a news tip? Email [email protected] here to get Patch email notifications, or get breaking news alerts sent right to your phone with our app, download here. Follow Freehold Patch on Facebook.
Discussion
By posting you agree to the Terms and Privacy Policy.