Marc S. Dreier, the former sole equity partner of 250-lawyer Dreier LLP who in May pleaded guilty in federal court to selling more than $700 million in bogus real estate and pension plan notes, was disbarred Thursday. On July 13, a New York federal judge sentenced Dreier to 20 years in prison. He is now at the Metropolitan Correctional Center in Chicago and will serve his sentence at a federal prison in Sandstone, Minn.
October 12, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Marc S. Dreier, 59, the former sole equity partner of 250-lawyer Dreier LLP who in May pleaded guilty in federal court to selling more than $700 million in bogus real estate and pension plan notes, was disbarred Thursday.
“As respondent’s criminal offenses, if committed under New York law, would constitute felonies, they are a proper predicate for automatic disbarment,” the New York Appellate Division, 1st Department, wrote.
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