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Attorney Marc Dreier|Faces More Charges

MANHATTAN (CN) - A superseding indictment accuses attorney Marc Dreier of selling more than $700 million in "fictitious promissory notes," misappropriating more than $400 million of it, adds a money laundering count, and seeks seizure of more of Dreier's property, including real estate, a yacht and art works.

Federal prosecutors announced the superseding indictment on Tuesday.

Dreier, 58, founded and managed the 250-attorney law firm Dreier LLP until he was arrested in Canada late last year. He is to appear in court again on Thursday.

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