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Suffolk County attorney Stephen J. Caputo was disbarred by an appellate panel last week for participating in a scheme to defraud mortgage lenders out of millions of dollars. Mr. Caputo, of East Setauket, who was admitted to the bar in 1984, pleaded guilty in the Southern District federal court to one count of bank fraud and five counts of wire fraud, both felonies, on Jan. 4, 2010. New York’s Judiciary Law requires the automatic disbarment of an attorney convicted of a felony. A unanimous five-member panel of the Appellate Division, Second Department, found in Matter of Caputo, 2011 NY Slip Op 06262, that the federal crime of wire fraud was “essentially similar” to grand larceny in the second degree and scheme to defraud in the first degree.

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