- 6 -
On October 15, 1993, petitioner was indicted in Nassau
County, New York, on multiple charges, including criminal
possession of a forged instrument. Pursuant to a plea bargain,
he was convicted of attempted criminal possession of a forged
instrument, sentenced to 5 years' probation, and ordered to make
immediate restitution to Lawrence in the amount of $14,953.
There is no evidence that any of the mortgages ostensibly
assigned to Lawrence ever in fact existed. Except for the
restitution paid in late 1993 or early 1994, no part of the
$65,000 principal that Lawrence entrusted to petitioner for
mortgage investments was ever returned to her.
Each of Lawrence's checks was converted to petitioner's
personal use. Check No. 929 for $25,000 dated April 17, 1986,
was deposited by petitioner into the CEA account (No. 23429344)
at Citibank on April 21. The bank statement for Citibank account
No. 23429344 reflects that the next transaction was a withdrawal
of $28,000 3 days later. A bank statement for Citibank account
No. 23408658 shows a deposit of $28,000 on the same day,
April 24, 1986. Citibank account No. 23408658 was one of
petitioner's personal accounts.
Lawrence's check No. 993 in the amount of $30,000, dated
June 25, 1986, was used by petitioner to open an account in CEA's
name at the Port Washington, New York, branch of Citibank,
account No. 13786145. Petitioner opened this account, over which
he gave himself exclusive signature authority, without the
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011