Attorney paid cohorts to help execute swindle
Wednesday, December 24, 2008 : PermalinkNew York Daily News – Disgraced Park Ave. lawyer Marc Dreier gave fellow scamsters $100,000 to impersonate others in calls to victims, Manhattan federal prosecutors said Tuesday.
The new details emerged at a bail hearing for former broker Kosta Kovachev, 57, arrested yesterday for allegedly helping Dreier try to steal some $100 million from hedge fund managers.
Prosecutors say Kovachev pretended to be a real estate developer’s controller in an October sitdown with hesitant hedge fund managers. Kovachev also impersonated the developer’s CEO in a conference call, prosecutors say.
Tags: 100-million, ceo, conference-call, dreier, federal prosecutors, fellow, hedge-fund-managers, impersonate, lawyer, manhattan, new details, new york daily news, park ave, real estate developer, york daily news
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