Attorney General Laxalt Announces Guilty Plea of Las Vegas man for Escrow Theft of Nearly $2 Million
July 12, 2018
Las Vegas, NV – Nevada Attorney General Adam Paul Laxalt announced that James Limperis, 54, of Las Vegas, pleaded guilty to one count of Theft, a category “B” felony. The theft occurred between April and October 2012.
According to the indictment, Limperis is accused of withdrawing more than $1,700,000 from an escrow account holding his victim’s money, and placing it into his own bank account. Ultimately, the defendant spent the funds on personal expenses without the victim’s consent.
“Crimes such as this one can have devastating financial and emotional effects on victims who may be drained of years, if not a lifetime’s worth of savings,” said Laxalt. “This office is committed to seeking justice for victims of schemes that fleece them out of their hard-earned money, and will do so at every opportunity.”
The charge of Theft is punishable by 1-10 years of imprisonment. The sentencing hearing for the defendant is scheduled for November 7, 2018 in the Eighth Judicial District Court.
The Office of the Nevada Attorney General’s Criminal Prosecution Unit is responsible for the investigation and prosecution of this case.
To view the indictment of James Limperis, click here. To file a complaint with our office, click here.