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Man 'didn't intend' $2 million theft in Bank
tron2007
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2-23-2008 12:53 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/6adba28f-ad4c-4205-be51-55e30b762553/BE9440D9-E2E9-4768-AAB0-629A8A579C31/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.miscmasala.com/2008/02/man-didnt-intend-2-million-theft-in.html" href="http://www.miscmasala.com/2008/02/man-didnt-intend-2-million-theft-in.html" style="font-size: 11px;">www.miscmasala.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.miscmasala.com/2008/02/man-didnt-intend-2-million-theft-in.html"><DIV class="gtv_abstract" id="GetFullStory1_divAbstract">- A defense attorney in New York City says her client believed he was rightfully entitled to the $2 million he's accused of stealing from a <A href="#" class="kLink" id="KonaLink0"><FONT color="orange"><SPAN class="kLink">bank </SPAN><SPAN class="kLink">account</SPAN></FONT></A> managed by someone with the same name. </DIV><BR /><DIV> Attorney Julie Fry says Benjamin Lovell "didn't intend to steal from anyone." She says he'll explain in court what the <A href="#" class="kLink" id="KonaLink1"><FONT color="orange"><SPAN class="kLink">bank</SPAN></FONT></A> told him that led him to believe the $5.8 million account was his.</DIV><BR /><DIV>The 48-year-old Brooklyn salesman has been arrested on grand larceny charges. A judge lowered his bail Friday from $1 million to $10,000 in cash.</DIV><BR /><DIV>Authorities say Lovell spent the misbegotten money on jewelry, cash gifts to friends and failed investments.</DIV><BR /><DIV>The account belonged to a trust, and a different Benjamin Lovell was a signatory on it.</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/BE9440D9-E2E9-4768-AAB0-629A8A579C31/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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