Real estate agent's conviction upheld


September 2, 2010

 
MADISON - A federal appeals court has upheld the convictions of a real estate agent found guilty of seeking an illegal kickback on the sale of a state office building near the Capitol in Madison.

The 7th U.S. Circuit Court of Appeals on Wednesday upheld the 2009 convictions of Larry Lupton. He was found guilty of bribery, wire fraud and two counts of making false statements to the FBI.

Lupton was found to have solicited about $75,000 from a broker of a potential buyer and later provided the broker with confidential details of rival bids.

Lupton was hired to sell the state office building on the shores of Lake Monona in Madison that houses the Department of Administration. The building was estimated to be worth between $20 million and $30 million.

 


Associated Press