Grifting Lawyer Wants Bail

2009_01_bigthief.jpg Marc Dreier, the once prominent attorney with over 200 employees, is hoping for bail once again. A lawyer for Dreier, who is charged with stealing $380 million through "high stakes grifting", says his client has been cooperating with authorities, noting that no money appeared to be put into off-shore accounts and therefore poses no flight risk. And FYI: Dreier used the money to, according to the NY Law Journal, cover "operating expenses, capital expenditures, construction costs and security deposits; invested in losing stocks; or used to buy property and artwork." Property like boats and cars (a 2007 Aston Martin DB9 Volante) and artwork like the Tom Otterness sculpture, Big Thief (pictured), and Henri Matisse's "Grand Masque."

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Comments (1) [rss]

Man, between this guy, Madoff, and that guy who pulled a Krusty the Clown plane bailout there have been a lot of white collar a-holes getting pinched in late 08/09.

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