Crotty Saland PC has learned that Lawrence Salander, the famous owner of a well know art gallery in Manhattan that was recently closed, faces new charges in association with an 88 million dollar fraud scheme. A Manhattan Grand Jury has already indicted Mr. Salander for Grand Larceny in the First Degree, Securities Fraud, Falsifying Business Records, Forgery and Criminal Possession of a Forged Instrument. Although it is unclear whether the new indictment is for separate and distinct crimes or for activities associated with the first indictment, Mr. Salander faces up to twenty five years in the first case. He is due back in Manhattan Supreme Court before Judge Obus on July 31, 2009.
The former Manhattan prosecutors and New York criminal defense attorneys at Crotty Saland PC will keep you informed as we learn more.