$700 million fraud gets lawyer 20 years in prison Posted byadmin July 14, 2009 New York attorney Marc Dreier, who pleaded guilty to charges of defrauding hedge funds of about $700 million, was sentenced Monday to 20 years in prison, according to the U.S. Attorney for the Southern District of New York. Related posts: New York lawyer pleads guilty in $700 million fraud Lawyer: Madoff to plead guilty, faces 150 years Michael Vick taking construction job after prison, lawyer says Study: 7.3 million in U.S. prison system in ’07 Madoff worth more than $820 million, document says