Ex-Lawyer With Gambling Habit Admits $2m Eagles Scam
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Frank Tobolsky, 59, admitted to stealing nearly $2m via a fraud scheme. He was trying to bankroll loans to Philadelphia Eagles season-ticket holders.
Tobolsky pleaded guilty to one count of wire fraud. He raised money from a victim for an investment supposedly intended to loan money to the Philadelphia-based NFL franchise's season-ticket holders. The ill-gained funds were for Tobolski's personal use, including withdrawing cash for gambling at various casinos.
Tobolsky used money from a Delaware victim to pay for personal expenses instead of for Eagles season-ticket holders. He pleaded guilty to wire fraud and faces up to 20 years in prison and a maximum fine of $250,000. February 10, 2022 is the date set for his sentencing.
Tobolsky was disbarred in New Jersey and Pennsylvania for stealing $32,500 from a client's escrow account to bankroll his gambling habit.
Tobolsky is a former lawyer who was disbarred for gambling issues. He was introduced to gambling by his father at the age of six. Tobolski also suffered from depression and anxiety.
