A prominent authentic estate attorney who allegedly created off with thousands and thousands in stolen consumer cash surrendered Friday to authorities and is slated to acquire a plea deal upcoming week.
Mitchell “Mitch” Kossoff appeared in Manhattan Criminal Court docket on Friday on expenses of grand larceny immediately after he disappeared in April with about $14 million in consumer resources that had been staying held in his business’s escrow account, The Serious Deal reported.
The 64-year-outdated lawyer of firm Kossoff PLLC “stole in excess of $14 million from his attorney escrow accounts via a scheme that lasted far more than 4 several years,” Assistant District Legal professional Ryan Gee explained to the judge.
Gee asked for that Kossoff be set on supervised launch, be compelled to change over his passport and be restricted to touring in just New York.
The judge introduced Kossoff with no bail and granted the travel restriction and passport requests.
The alleged wayward law firm — who confronted 8 1/3 to 25 yrs in prison if convicted at demo — attained a plea deal with the Manhattan District Attorney’s office environment and is anticipated to plead guilty at his upcoming courtroom day on Dec. 9, Gee stated.
Kossoff’s regulation agency is in personal bankruptcy proceedings right after his customers filed lawsuits towards him above the alleged stolen money, Crain’s noted.
His prison protection attorney did not promptly return a ask for for comment.