The ethical principle behind escrow funds is simple—the funds belong to a client or a third party, not the attorney. The attorney, who is a fiduciary, cannot commingle escrow funds with the attorney's ...

"If we agree the parties can call something escrow when they place it in the hands of one side's lawyer ... and that isn't traditional escrow, why should we imply other traditional concepts of escrow?

A former Great Neck attorney has been charged with stealing $30,000 that was held in his escrow account in connection with a home sale, officials said. Marco Materassi, of Dania Beach, Fla., the ...

A disbarred attorney is accused of stealing more than $133,000 in escrow funds from multiple real estate transactions across ...

The former principal attorney at a Stony Brook law firm pleaded guilty Wednesday to stealing more than $800,000 from three of his clients. Douglas Valente, who once headed the Valente Law Group and ...