Real estate exec arrested twice in 30 days

TRD New York /
Oct.October 06, 2011 09:20 AM

Michael Streit, formerly president of Iconik Enterprises (credit: NYREJ)
For the second time in a month, a real estate executive was caught trying to get thousands of dollars from Manhattan banks unlawfully.

The New York Post reported Michael Streit, former president of commercial real estate company Iconik Enterprises, was arrested for trying to cash a forged check. Streit allegedly attempted to cash a $9,500 check at the Bank of America Branch On Madison Avenue Near 44th Street last Thursday. He is being held on forgery and grand larceny charges.

It’s not Streit’s first run-in with the law, in fact it’s the second time he’s appeared in the police blotter in 30 days. Last month, Streit was accused of making an unauthorized $2,000 withdrawal from Iconik’s Chase account, and attempting to make a similar withdrawal days later, the Post reported. At the time he was still with Iconik.

Iconik Enterprises is not affiliated with similarly named Manhattan-based firm Iconik Properties. [Post]

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