Artful lies, trusting co-workers and lax bank procedures allowed the long-time bookkeeper of a Garden City, N.Y., law firm to loot an escrow account of more than $4.3 million over a two-and-one-half-year period, according to court documents and several interviews with the alleged embezzler’s brother — a partner at the firm.

“Until his confession to no less than four members of the firm, there was never a reason presented to be suspicious,” said Peter J. Galasso, 51, of Galasso Langione & Botter. “[My brother] had worked for us for almost 15 years, had from all perspectives a close and loving relationship with his two children, an intimate relationship with the members and employees of the firm, and was generously compensated for his services.”

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]