MINEOLA, N.Y. (CN) – A couple claims an attorney defrauded them of more than $6 million in a Ponzi scam. They say Youn Tae Yoo took the money for “investment opportunities” in commercial properties owned and operated by a man with whom he had an undisclosed relationship.
Yoo’s alleged partner, Daniel Lee, also is named as a defendant in Nassau County Court. Also sued are the Roosevelt Avenue Corp., Goldstone Management Corp., Richard Sun Jin, Do Young Kim, Village Group 30 Inc., New York Group Inc., Million New York Inc., Mountain U.S.A. Corp., Moonstone Management Corp., Speed Group Inc., Redstone U.S.A. Corp., Pine Village Group Corp., Grand Pacific Finance Corp., and Chinatrust Bank U.S.A.
The plaintiffs are represented by Steven Schlesinger with Jaspan Schlesinger of Garden City, N.Y.