Friday, May 20, 2016

Accountant stole over $1M from two women who fled Germany during WWII


Richard Doren
An accountant stole over $1.1 million from the estates of two women who fled Germany during World War II, prosecutors said Wednesday.

Richard Doren, 50, as administrator to the estates, was supposed to find next of kin for the late clients but many died in the Holocaust, according to the Manhattan District Attorney.

Between 2009 and 2015, Doren took large sums of money from the estates for himself and used it to pay off a mortgage that was held in his wife’s name and her $10,000-per-month credit card bills.

“Insider theft and fraud can be committed by new and long-term employees alike — this defendant is accused of stealing from clients at the accounting firm where he worked for approximately 20 years,” DA Cyrus Vance Jr. said in a statement

Doren, who pleaded not guilty in Manhattan Supreme Court, was ordered held on $300,000 bail.

Full Article & Source:
Accountant stole over $1M from two women who fled Germany during WWII

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