Westchester DA Nabs Attorneys For Alleged Theft Of "Home Sale Proceeds"

Two separate Westchester, NY cases involving the alleged theft of home sale proceeds by attorneys in the course of representing their clients is reported by The Prieston Group, a diversified mortgage risk management consulting company in their blog, The Mortgage Fraud Blog.

In the first case, reported here, a practicing attorney in White Plains, New York representing her aunt, allegedly absconded to Las Vegas with about $ 1 million of her aunt's money, the money representing the proceeds from the sale of two homes. The attorney was arrested, returned to Westchester County, and arraigned last week.

The Westchester, NY District Attorney's Press Release is available here.

Click here for a report in The Journal News.

In the second case, reported here, a former attorney who had been disbarred in 2001, stole approximately $90,000, the proceeds from a home sale, from a client. The client was not aware that the attorney was disbarred.

Upon further investigation, it was discovered that three additional clients were defrauded by this disbarred attorney in the amount of $90,000.00.

He has plead guilty and faces up to fifteen years in state prison.

The Westchester, NY District Attorney's Press Release is available here.

revised 1-13-07