Byline: Alan Wechsler
Apr. 6--Andrew F. Capoccia -- former lawyer, businessman and founder of a notorious debt-reduction firm -- was found guilty Tuesday morning of stealing millions of dollars from clients.
After a monthlong trial in U.S. District Court in Brattleboro, Vt., a jury returned guilty verdicts on all 13 felony charges against him, including conspiracy, interstate transmittal and transportation of stolen money, mail and wire fraud, receiving stolen money and money laundering.
Capoccia, 62, of Guilderland, is scheduled to be sentenced July 25. He faces up to 20 years in prison and fines of up to $250,000 per count. Judge J. Garvan Murtha released Capoccia without bail pending sentencing.
It didn't take the jury very long to decide Capoccia's fate. Deliberations started at 2 p.m. Monday, broke for the day at 4:30 and resumed at 9 a.m. Tuesday. By 10:30 a.m., a verdict was reached.
Many were surprised the …
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