WHITE PLAINS – A former attorney has been charged by Westchester
County authorities with defrauding 13 clients out of close to $1.5 million.
Michael Lippman, 70, of Scarsdale, was charged with two counts of grand
larceny, and one count each of criminal tax fraud and scheme to defraud.
All charges are felonies.
If convicted, he faces up to 15 years in state prison.
“As alleged in the complaint, the defendant took advantage of people
who turned to him for his legal expertise and guidance only to become
victims of his greed,” said District Attorney Janet DiFiore. “He
violated the oath he took as an attorney when he used client funds and
properties entrusted to him and used them for his own personal use.”
Between January 1, 2010 and September 15, 2015, at the time a licensed
attorney, he allegedly engaged in a scheme in which he defrauded several
clients of money entrusted to him for various purposes including the transfer
of real estate and estate planning.
Bail was set at $50,000.