Tuesday, February 03, 2009

NYC Attorney Accused Of Looting Escrow Account Of $396K; Keeps Client From Buying House

In New York City, the New York Post reports:
  • A Manhattan real-estate lawyer stole $396,000 from a client who had hoped to use the money to buy a house in Brazil, authorities said yesterday. When the client went to close on the house last October, Robert Barsch 'fessed up - admitting that he had looted the escrow account to take care of "a personal emergency," prosecutors said.

  • Bausch, 48, of Levittown, LI, returned $175,000 but cost the client the chance to get the home, prosecutors said. Barsch is charged with grand larceny and was being held last night on $20,000 bail.

Source: 'Thief' Lawyer A House Louse: DA.