A well known true estate attorney who allegedly produced off with hundreds of thousands in stolen client resources surrendered Friday to authorities and is slated to acquire a plea deal up coming 7 days.
Mitchell “Mitch” Kossoff appeared in Manhattan Felony Courtroom on Friday on rates of grand larceny right after he disappeared in April with around $14 million in consumer cash that had been being held in his business’s escrow account, The Actual Offer claimed.
The 64-12 months-outdated legal professional of organization Kossoff PLLC “stole in excessive of $14 million from his lawyer escrow accounts through a plan that lasted a lot more than four years,” Assistant District Attorney Ryan Gee informed the judge.
Gee requested that Kossoff be place on supervised launch, be pressured to transform more than his passport and be restricted to touring inside New York.
The judge released Kossoff without bail and granted the journey restriction and passport requests.
The alleged wayward attorney — who confronted 8 1/3 to 25 decades in prison if convicted at demo — achieved a plea deal with the Manhattan District Attorney’s place of work and is predicted to plead responsible at his future courtroom day on Dec. 9, Gee reported.
Kossoff’s regulation business is in bankruptcy proceedings following his customers filed lawsuits versus him about the alleged stolen revenue, Crain’s reported.
His felony defense attorney did not right away return a ask for for remark.