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A Connecticut business owner admitted stealing more than $2 million from an elderly client and the client's estate after being placed in a position of trust, federal prosecutors said.
David L. Johnson, 66, of Greenwich, pleaded guilty on Tuesday, July 21, before U.S. District Judge Sarah F. Russell in New Haven to a money laundering charge tied to the theft, according to David X. Sullivan, United States Attorney for the District of Connecticut.
He faces up to 20 years in prison when he is sentenced on Oct. 30.
Johnson operated Antique Treasures LLC and Greenwich Auction, both based in Stamford. Both have since shut down.
Court records say the victim signed a power of attorney, will, and trust in October 2018, naming Johnson as the victim's agent, executor, and successor trustee. Prosecutors said Johnson was not a beneficiary of the victim's estate or trust.
The victim died at age 87 in August 2020.
After the victim's death, prosecutors said Johnson stole more than $436,000 from one of the victim's federal tax refund checks. The investigation later found he stole a total of $2,168,719.24 from the victim and the estate, prosecutors said.
Authorities said Johnson has repaid about $1.1 million in restitution.
Johnson pleaded guilty to money laundering. The charge carries a maximum prison sentence of 20 years, prosecutors said.
Johnson has remained free on a $250,000 bond since his arrest on Dec. 18, 2025.
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