Ex-Kelley Drye Partner Quits Bar Over Pilfered Petty Cash

This is a sad story:

Rather than face disbarment, a former partner at Kelley Drye & Warren has resigned from the New York State Bar for stealing at least $110,000 from the firm.

Jay R. Kolmar, 46, a real estate partner at Kelley Drye until last October, stole the six-figure sum over a 10-year period in $250 increments. He thus likely committed more than 400 individual acts of theft from his firm. . . .

[T]he money Kolmar took was from the 317-lawyer firm's petty cash account. He generally claimed to be seeking reimbursement for gratuities paid to title companies during real estate closings.

Kelley Drye disbursed some $161,383 to Kolmar for this purpose. In his affidavit, Kolmar stated that he thought around $50,000 was legitimate reimbursement for work-related expenses, but he admitted he used the rest for personal matters.

People do the strangest things . . . . Details here from the New York Law Journal via Law.com.