handcuffs criminal lawA Brooklyn-based attorney has pleaded not guilty to wire fraud in connection with a real estate scheme, according to court documents.

Shimon Rosenfeld, 59, is accused of defrauding investors of at least $4 million between 2014 and 2018 by claiming that he would invest their money in real estate, prosecutors said.

Rosenfeld allegedly claimed he would use the money to buy and resell or "flip" properties at a higher price, but he instead spent some of the money on personal investments, according to the criminal complaint unsealed Wednesday.