“This scheme unfolded in the heart of New York City’s historic diamond district., where Mr. Modi conned and defrauded a Manhattan business out of millions,” said District Attorney Bragg.
“Mr. Chin blatantly took advantage of an elderly victim in order to line his own pockets,” said District Attorney Bragg.
The investment manager funneled federal loans into personal brokerage accounts.
“When clients hire counsel to represent them, they expect their attorney will follow the highest ethical standards. Yet Mitchell Kossoff violated the fundamental trust of his clients by taking millions for himself,” said District Attorney Bragg.
“Rosita Joseph allegedly used her position as Chief Operating Officer to raid her employer’s coffers for personal gain, which included using hundreds of thousands of dollars for extravagant travel purchases and inflated paychecks. We will not allow unscrupulous employees to use their companies as a personal piggy bank,” said District Attorney Bragg.
