Regional · Weymouth, MARegional · Weymouth, MA 02191, USA
Verified record
Success! Real Estate is closed. The company shut down on 14 December 2024, telling staff by email, and its Massachusetts broker licence — 7022-RE-C, held in the company's own name — is suspended in the state registry. What followed is court record. Its owner and longtime principal, Stephen Webster, pleaded guilty in Brockton Superior Court on 1 April 2026 to fiduciary embezzlement, larceny of more than $1,200, witness intimidation and publishing a false financial statement. Prosecutors described a consistent pattern of misuse of escrow funds — the deposits clients put down on houses — and the Boston Globe reported court records showing more than $11.6 million siphoned from clients and colleagues, spent on gambling, an $8,250-a-month Florida apartment and a boat. The damage landed on ordinary people first. When the firm closed, agents and clients found the cheques they had been sent bounced. NBC Boston reported more than a million dollars in client escrow funds unaccounted for, and Webster faced multiple lawsuits totalling over $1 million. There is nothing here to hire. The practical next step, for anyone still owed money from a Success! transaction, is a lawyer — and the Plymouth County District Attorney's office, whose investigation produced the charges.
“Webster, the owner of Success! Real Estate Inc., allegedly siphoned off more than $11.6 million from colleagues and clients to finance his gambling, a Florida apartment for $8,250 a month, and a boat, court records show.”
“Stephen Webster, the former president of ‘Success! Real Estate,’ pleaded guilty to four indictments including fiduciary embezzlement, larceny of more than $1,200, witness intimidation, and publishing a false financial statement.”
“Stephen Webster, 63, principal of Success Real Estate until it abruptly folded in December 2024, appeared in Brockton Superior Court on Wednesday, April 1, where he pleaded guilty to felony counts of embezzlement, larceny, misleading police and publishing a false financial stat”
“Success! operated for decades across southeastern Mass. before its sudden closure in December that ultimately revealed there was over a million dollars in client escrow funds unaccounted for”
“Webster, who owned Success! Real Estate, engaged in a “consistent pattern of misuse” that involved the routine use of escrow funds, the charges allege.”
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