New York real estate lawyer who stole millions from disbarred clients

The exterior of the New York County Supreme Court building is seen in Manhattan. REUTERS/Andrew Kelly

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  • Mitchell Kossoff admitted to stealing millions of client funds
  • Kossoff pleaded guilty to criminal charges in December and is awaiting sentencing

(Reuters) – Lawyer regulators in New York have disbarred Mitchell Kossoff after the real estate lawyer pleaded guilty in December to criminal charges of stealing millions of dollars in client funds.

Kossoff, the owner of the now defunct law firm Kossoff PLLC, pleaded guilty in New York County Supreme Court to charges of first-, second-, and third-degree robbery and first-degree fraud conspiracy. .

Prosecutors said Kossoff misappropriated more than $14.6 million from at least 35 people and businesses, which he admitted to in his plea deal, the New York Appeals Division said, the first department in its Thursday order striking off Kossoff.

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Walter Mack, Kossoff’s criminal defense attorney, said in an email that the official disbarment was anticipated following his client’s guilty plea, and that Kossoff had “offered his resignation from the bar” a while ago. one year old.

The New York Court of Appeals said Kossoff did not respond to the court attorneys’ grievance committee’s motion to disbar him.

Kossoff, a fixture in the New York real estate market, began transferring funds from his clients’ accounts in December 2017, using the money to support another family business and personal expenses, prosecutors said. This included average monthly expenses of $16,000 on personal credit card bills and $19,000 per month to rent a luxury apartment in Manhattan.

Prosecutors said Kossoff, 68, will be sentenced in April and could serve a prison term of 4½ to 13½ years. A spokesperson for the Manhattan District Attorney did not immediately respond to a request for comment.

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New York real estate lawyer accused of stealing millions pleads guilty

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