NYC actual estate attorney allegedly stole $14 million, to plead responsible

A outstanding serious estate lawyer who allegedly created off with thousands and thousands in stolen customer cash surrendered Friday to authorities and is slated to choose a plea offer future 7 days.

Mitchell “Mitch” Kossoff appeared in Manhattan Prison Court on Friday on charges of grand larceny immediately after he disappeared in April with roughly $14 million in consumer funds that ended up staying held in his business’s escrow account, The True Offer documented.

The 64-yr-old lawyer of agency Kossoff PLLC “stole in extra of $14 million from his attorney escrow accounts by means of a plan that lasted extra than four years,” Assistant District Lawyer Ryan Gee explained to the choose.

Gee asked for that Kossoff be put on supervised launch, be compelled to switch in excess of his passport and be limited to touring in New York.

The decide released Kossoff with no bail and granted the journey restriction and passport requests.

The alleged wayward attorney — who confronted 8 1/3 to 25 many years in prison if convicted at trial — arrived at a plea offer with the Manhattan District Attorney’s business and is predicted to plead guilty at his subsequent court docket date on Dec. 9, Gee mentioned.

Mitchell Kossoff is accused of nabbing around $14 million from his customers that was in an escrow account.
Steven Hirsch
Real estate lawyer Mitchell "Mitch" Kossoff appears in court for his criminal arraignment.
Authentic estate attorney Mitchell Kossoff is observed on his way to Manhattan Felony Court docket for his felony arraignment.
Steven Hirsch
Real estate lawyer Mitchell "Mitch" Kossoff appears in court for his criminal arraignment.
Kossoff would’ve facial area among 8 to 25 several years in jail for his huge theft if he went to trial.
Steven Hirsch

Kossoff’s law firm is in bankruptcy proceedings immediately after his consumers submitted lawsuits in opposition to him around the alleged stolen cash, Crain’s documented.

His felony defense attorney did not immediately return a request for remark.