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Bankruptcy Attorney Pleads Guilty to Embezzling From Bankruptcy Estate

Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced that PINCUS DAVID CARLEBACH, a bankruptcy attorney, pled guilty today in Manhattan federal court to embezzling funds from a client’s bankruptcy estate. From January 2016 through February 2016, CARLEBACH, whose client was in bankruptcy proceedings in the United States Bankruptcy Court for the Southern District of New York, caused the transfer of $30,000 in estate assets to himself for his own use. CARLEBACH pled guilty before U.S. District Judge Jesse M. Furman to one count of embezzlement from a bankruptcy estate.

Manhattan U.S. Attorney Geoffrey S. Berman stated: “Pincus David Carlebach abused his position as a bankruptcy attorney for his own financial gain. As he admitted in Manhattan federal court today, Carlebach caused the unlawful transfer of $30,000 from his client’s bankruptcy estate to himself. Our Office is committed to prosecuting those who misuse positions of trust for their own gain, including attorneys who do so in violation of their professional duties.”

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CARLEBACH, 57, of Brooklyn, New York, faces a maximum sentence of five years in prison and three years of supervised release. The statutory maximum sentence is prescribed by Congress and is provided here for informational purposes only, as any sentencing of the defendant will be determined by the judge.

Mr. Berman praised the Office of the United States Trustee for the Southern District of New York and the United States Marshals Service for their work on the case.

The prosecution of this case is being handled by the Office’s General Crimes Unit. Assistant U.S. Attorney Timothy V. Capozzi is in charge of the prosecution.

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