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Lawyer pleads guilty to vodka fraud

A Dallas attorney is facing up to 25 years in prison after pleading guilty to orchestrating a million dollar vodka investment scam.

Andrew Lee Siegel, 54, pleaded guilty to mail fraud on Tuesday, according to reports by the Washington Post, relating to a vodka investment scam totalling nearly $1.6 million.

Prosecutors said Siegel has secured the funds from 30 investors in 2010 to set up vodka bottling and production companies. However investigators found that he had used some of the funds for his personal benefit.

Siegel was accused of sending fake emails using copyrighted writings and logos of the Federal Reserve Bank Services and the Northern Trust Company to try to cover the financial wrongdoing.

Siegel will be sentenced later this year.

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