Real Estate News
Ex-real estate broker ordered to pay restitution in $65,750 larceny case (Worcester Telegram & Gazette)
WORCESTER - A former real estate broker who stole more than $65,000 from several clients has been placed on probation and ordered to pay restitution.
TELEGRAM & GAZETTE STAFF
A former real estate broker who stole more than $65,000 from several clients has been placed on probation and ordered to pay restitution.Carol J
Tule, 43, of 7 Ashburnham State Road, Westminster, pleaded guilty Dec
18 in Worcester Superior Court to six counts of larceny of more than $250 by a single scheme
Tule, who was doing business as Tule Associates Realty Shop in Ashburnham, accepted a total of $65,750 from six individuals or couples as deposits for home purchases and converted the money to her own use, according to Assistant District Attorney John A
O'Leary.The prosecutor said the thefts occurred from November 2007 to September 2008
O'Leary said during the plea hearing that $8,500 in restitution had been paid by either Ms
Tule or her bonding company, leaving $57,250 owed to the victims.Judge James R
Lemire sentenced Ms
Tule Monday to 2 years in the House of Correction, but suspended the sentence for 10 years, during which time Ms
Tule will be on probation
As a condition of probation, Ms
Tule was ordered to immediately pay $10,000 in restitution with $47,250 to be paid at a rate of $1,000 a month.
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