Peaches Stergo Admits $2.8 Million Holocaust Survivor Scam

Peaches Stergo (Photo by US Department of Justice)

A Florida woman has pleaded guilty to cheating an 87-year-old Holocaust survivor out of his savings of more than $2.8 million and his apartment to fund his luxury life, a vacation at the Ritz Carlton, a home in a gated community and a condo in a “sick and sad” romance scam, authorities said.

Peaches Stergo, 36, pleaded guilty to one count of wire fraud, a charge that carries a sentence of up to 20 years in prison, the U.S. Attorney’s Office said in a news release Friday. She must pay more than $2.83 million in restitution and lose the same amount, as well as more than 100 luxury items she bought with the proceeds of her fraud, including Rolex watches, handbags and designer clothes, as well as large amounts of gold and jewelry, officials said. She is due to be sentenced on July 27.

“Peaches Stergo stole the life savings of an 87-year-old Holocaust survivor who was just looking for company,” US attorney Damian Williams said. “This conduct is sick – and sad. Using the millions in fraud proceeds, Stergo lived a life of luxury, buying a house in a gated community and a Corvette, vacationing at hotels like the Ritz Carlton, and buying thousands of designer clothes while forcing his elderly victim to lose his apartment.

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