A Long Island attorney has pleaded guilty to using client funds for personal and office expenses rather than putting the money in his escrow account. Matthew Kogan of Plainview pleaded guilty on Friday to third-degree grand larceny, a D felony.
Kogan represented clients in a breach of contract case that settled for $32,500. According to prosecutors, the money was placed in Kogan’s operating account and used on things such as payroll and credit card payments. Though Kogan, 40, has repaid the $32,500 to the victims, he will lose his law license by virtue of his felony conviction.
Nassau County District Attorney Kathleen Rice said in a statement that Kogan “stole from clients who put their trust in him to look out for their best interests. Instead, he did the opposite, and as a result, he will no longer be able to practice law and put other clients at risk.”
Kogan was charged in April (NYLJ, April 11). He is scheduled to be sentenced Sept. 10. Third-degree grand larceny is punishable with incarceration of up to 2 1/3 to seven years. The prosecution will be seeking six months of jail time and five years probation, a spokesman for the district attorney said.
Assistant District Attorney Marshall Trager, chief of the office’s Government and Consumer Affairs Bureau, appeared for the prosecution. Robert McDonald of Collins, McDonald & Gann in Mineola represented Kogan.