Brookside Associate Pleads Guilty: Richard Breithaupt Jr....
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Brookside Associate Pleads Guilty: Richard Breithaupt Jr. had been charged with acting as a “straw man” in a fraudulent real estate deal involving Los Angeles-based Brookside Savings and two of its former executives, former Chairman Michael Moers and former Vice Chairman Arthur Pastel. Breithaupt pleaded guilty to posing as the phony owner of a San Antonio, Tex., apartment complex that Brookside bought, when the real owners were Moers and Pastel. Breithaupt, scheduled to be sentenced Jan. 7, faces up to five years in prison and a $5,000 fine. Moers and Pastel pleaded guilty.
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