Westchester attorney indicted for fraud and false statement

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WHITE PLAINS – A federal grand jury in White Plains indicted an attorney from Rye on charges that he attempted to embezzle funds from a decedent’s estate for which he served as a court-appointed administrator. Guy Parisi was charged with conspiracy, fraud and making a false statement.
According to allegations in the indictment, Parisi, 71, was appointed administrator of the estate of a former resident of Mount Vernon in April 2017. His duties included collecting the assets of the estate. Parisi had a fiduciary duty to the estate and to the decedent’s son, the sole beneficiary of his father’s will.
In June 2017, Parisi retained Stokes Asset Recovery Services on behalf of the estate as its abandoned property location service in exchange for a fee of 15 percent of the value of the estate’s assets held by the comptroller.
Parisi allegedly did not disclose and concealed that Stokes was owned by his relative and that the two had formed Stokes less than two weeks before he notified the comptroller of his retention of Stokes as he was required under the law.




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