New York lawyer pleads guilty in $700 million fraud Posted byadmin May 12, 2009 New York attorney Marc Dreier on Monday pleaded guilty Monday to charges of defrauding hedge funds of about $700 million, according to the U.S. Attorney for the Southern District of New York. Related posts: Former ‘enemy combatant’ pleads guilty Lawyer: Madoff to plead guilty, faces 150 years Austrian to plead guilty to rape and incest, lawyer says Madoff worth more than $820 million, document says Father: Lawyer meets with U.S. journalist detained in Iran