Law360 (May 19, 2021, 3:03 p.m. EDT) – The recent allegations that New York real estate attorney Mitchell Kossoff stole more than $ 10 million from his clients’ escrow accounts point to an extreme example of some type of wrongdoing out that is not unheard of, although it is widely viewed as one of the worst crimes, experts told Law360.
Legal ethics lawyers have been impressed by the amount of theft alleged since reports in April that Kossoff of Manhattan-based Kossoff PLLC disappeared along with clients’ funds. Despite theft protection and almost certain professional and legal consequences, however, trust accounts are stolen.
“The Escrow …
Stay ahead of the curve
In the legal profession, information is the key to success. You need to know what is happening to customers, competitors, areas of activity and industries. Law360 has the information you need to stay an expert and beat the competition.
- Access to case data in articles (numbers, filings, courts, type of lawsuit, etc.)
- Access to attached documents such as Briefs, petitions, complaints, decisions, motions, etc.
- Create custom notifications for specific article and case topics, and more!
TRY LAW360 FREE FOR SEVEN DAYS
Comments are closed.