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Attorney Faces Court Scrutiny Over $2M Fund Misuse

1/16/2026

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Story summary
  • Mark David Graubard, a Brooklyn attorney, faces scrutiny over a $2 million transfer to 536 Holdings LLC from investor funds deposited in his escrow account.
  • Investors allege some funds ended up in the account of Democratic power broker Frank Seddio.
  • Graubard appeared in court under threat of arrest for failing to produce complete bank records.
  • Judge Francois Rivera criticized his compliance, noting missing pages and excessive redactions.