Real estate lawyer will plead guilty in case accusing him of stealing millions in client escrow cash

  • Home
  • Daily News
  • Real estate lawyer will plead guilty in case…
  • Criminal Justice Real estate lawyer will plead guilty in case accusing him of stealing millions in client escrow cash
    •  
    • !function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+'://platform.twitter.com/widgets.js';fjs.parentNode.insertBefore(js,fjs);}}(document, 'script', 'twitter-wjs'); Tweet  
    • lang: en_US  
    • reddit_target='law';  
    • Print.

    new home

    Image from Shutterstock.

    New York City real estate lawyer Mitchell Kossoff is expected to plead guilty as soon as this week to allegations that he stole millions of dollars in clients’ escrow money.

    Kossoff surrendered Friday and was released on his own recognizance, report Reuters and Law360.

    He is charged with grand larceny in a criminal complaint that said more than $2.7 million in client escrow funds is missing. But prosecutors said at a Dec. 3 hearing that they think that Kossoff stole at least $14 million.

    The Manhattan district attorney’s office began investigating after Kossoff disappeared in April, and lawyers at his law firm stopped receiving paychecks. He was later forced into bankruptcy.

    U.S. Bankruptcy Judge David S. Jones of Manhattan, New York City, had found Kossoff in civil contempt for failing to provide law firm records. Kossoff had argued that turning over the documents would give up his Fifth Amendment right against self-incrimination.

    Prosecutors informed Jones in a Nov. 23 letter that Kossoff had reached a plea deal, and they anticipate being able to share grand jury materials with the bankruptcy trustee after a guilty plea is entered, Law.com previously reported.

    $( document ).ready(function() { var slidesFetched = false; var handleGalleryClick = function() { var $oldItem = $('.gallery_container'); $('.gallery_container .arrows a').click(function(e) { e.preventDefault(); $arrow = $(this); if (! slidesFetched) { $arrow.closest('.gallery_slide').css('opacity', '0.3'); var url = $(this).attr('href').replace('/gallery/', '/gallery/slides/'); $.get(url, function(data) { var $slides = $(data); $slides = $slides.filter('.gallery_container'); $('.gallery_container').replaceWith($slides); $slides = $('.gallery_container'); $slides.find('.arrows a').click(function(e2) { e2.preventDefault(); var $slideWrapper = $(this).closest('.gallery_container'); var $arrowContainer = $(this).closest('.arrows'); if ($arrowContainer.hasClass('previous')) { $slideWrapper.removeClass('active'); $slideWrapper.prev().addClass('active'); } else if ($arrowContainer.hasClass('next')) { $slideWrapper.removeClass('active'); $slideWrapper.next().addClass('active'); } changeSlide($('.cell-'+$(this).attr('data-slideid'))); }); changeSlide($('.cell-'+$arrow.attr('data-slideid'))); slidesFetched = true; }); } changeSlide($('.cell-'+$(this).attr('data-slideid'))); return false; }); var changeSlide = function($cell) { $('.slide-'+$cell.attr('data-slideid')).addClass('active').siblings().removeClass('active'); $cell.addClass('active').siblings().removeClass('active'); moveFilmstripCells($cell); // Hide filmstrip arrows if we're on the first/last slide. if ($('.gallery_container.active').find('.arrows.previous').length > 0) { $('#filmstrip_container .arrows.previous').css('visibility', 'visible'); } else { $('#filmstrip_container .arrows.previous').css('visibility', 'hidden'); } if ($('.gallery_container.active').find('.arrows.next').length > 0) { $('#filmstrip_container .arrows.next').css('visibility', 'visible'); } else { $('#filmstrip_container .arrows.next').css('visibility', 'hidden'); } }; var $cells = $('#filmstrip_container .cell'); var totalCells = $cells.length; var totalVisibleCells = $cells.filter('.visible').length; var pivotPoint = Math.floor(totalVisibleCells / 2); var moveFilmstripCells = function($activeCell) { var $visibleCells = $cells.filter('.visible'); var activeCellIndex = $cells.index($activeCell); var activeCellVisibleIndex = $visibleCells.index($activeCell); var firstVisibleCellIndex = $cells.index($cells.filter('.visible:first')); var lastVisibleCellIndex = $cells.index($cells.filter('.visible:last')); var cellsToMove = 0; var startingPoint = 0; // Do nothing if active cell is at the pivot point. if (activeCellVisibleIndex == pivotPoint) return; // Active cell is left of the pivot point. if (activeCellVisibleIndex < pivotPoint) { // Do nothing if the cell's index and visible index are identical, because that means // we don't have room to shift. if (activeCellIndex

    Introducing Jobbguru: Your Gateway to Career Success

    The ultimate job platform is designed to connect job seekers with their dream career opportunities. Whether you're a recent graduate, a seasoned professional, or someone seeking a career change, Jobbguru provides you with the tools and resources to navigate the job market with ease. 

    Take the next step in your career with Jobbguru:

    Don't let the perfect job opportunity pass you by. Join Jobbguru today and unlock a world of career possibilities. Start your journey towards professional success and discover your dream job with Jobbguru.

    Originally posted on: https://www.abajournal.com/news/article/real-estate-lawyer-to-plead-guilty-in-case-accusing-him-of-stealing-millions-in-client-escrow-cash/?utm_source=feeds&utm_medium=rss&utm_campaign=site_rss_feeds