Prominent attorney, Marc Dreier, is accused of stealing an inordinate amount of money from various escrow accounts. He is also accused of selling 9-figures worth of fugazy promissory notes to hedge funds.The attorney, who once had a staff of over 200 employees, has been held without bail since his arrest regarding the aforementioned charges.
Despite stealing an estimated total of $380 million, Dreier's attorney thinks that his client deserves bail- citing his client's supposed cooperation with authorities. A judge is currently reviewing the matter.
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