Disbarred Bellmore attorney accused of stealing escrow funds

Gregg A. Luckman charged by Nassau County DA's office

Tri-State /
May.May 11, 2021 09:00 AM
An Appellate Division committee disbarred him a month later amid an investigation of professional misconduct. (iStock)

An Appellate Division committee disbarred him a month later amid an investigation of professional misconduct. (iStock)

The Nassau County District Attorney’s office has charged a disbarred Bellmore attorney with grand larceny, and accused him of stealing $372,500 in escrow funds from a client, according to Newsday.

Gregg A. Luckman represented a client in the $7.4 million sale of a Manhattan apartment in June 2018.

An Appellate Division committee disbarred him a month later amid an investigation of professional misconduct, including allegations of misappropriation of client funds and failure to safeguard escrow funds. He had requested his resignation as an attorney.

He agreed that no money would move from accounts he had access to, but continued to represent that client in the deal, according to the Nassau County District Attorney’s Office.

He took a $555,000 down payment from the purchaser, but instead of releasing those funds to his client, he allegedly used those himself and paid his client $175,000 from other accounts.

The 53-year-old faces up to 15 years in prison, according to the report.

Similarly, New York attorney Mitch Kossoff is under pressure for going silent when his clients started asking about their escrow accounts, fearing he had stolen their money. In late April, news came that Kossoff forged his mother’s signature for $2.6 million in loans. [Newsday] — Dennis Lynch


Related Articles

arrow_forward_ios
313 Three Mile Harbor Road in East Hampton (Out East)
Hedge funder Heath Freeman buys East Hampton restaurant for $4M
Hedge funder Heath Freeman buys East Hampton restaurant for $4M
George Filopoulos, Lloyd Goldman and Gurney’s Montauk hotel  (Gurney's, Getty)
Metrovest, Lloyd Goldman secure $218M refi on Montauk resort
Metrovest, Lloyd Goldman secure $218M refi on Montauk resort
46 Ledgerock Lane, Hyde Park, NY (Corcoran County Living)
Hyde Park home nearly hanging over Hudson River asks $45M
Hyde Park home nearly hanging over Hudson River asks $45M
NorthPoint Development plans to acquire this 92-acre property in Yaphank (Google Maps)
NorthPoint to buy 92 acres of Suffolk County industrial space
NorthPoint to buy 92 acres of Suffolk County industrial space
RXR agrees to build part of 860-unit White Plains project
RXR agrees to build part of 860-unit White Plains project
RXR agrees to build part of 860-unit White Plains project
Birch Group President Mark Meisner and 101 Hudson Street in Jersey City, NJ (The Birch Group, Google Maps)
Birch Group paying $380M for large Jersey City office
Birch Group paying $380M for large Jersey City office
Eviction Notices (iStock)
Westchester County leads state in evictions outside NYC
Westchester County leads state in evictions outside NYC
New York state is also contributing $125 million toward rent relief from the budget. (iStock)
On Long Island, family of 4 earning $156K qualifies for rental assistance
On Long Island, family of 4 earning $156K qualifies for rental assistance
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...