Attorney General Creates $8M Restitution Fund for Former Croman Tenants

Last October, New York landlord Steven Croman was sent to jail for a year and fined $5 million after being found criminally liable for fraud and tax evasion. New York Attorney General Barbara Underwood recently announced that Croman’s former tenants could be in for a share of an $8 million restitution fund. The restitution fund comes from a separate civil action brought by the Attorney General against Croman and his agent Anthony Falconite for engaging in illegal, fraudulent, and deceptive conduct in connection with Croman’s real estate business.