ALBANY — The United States Attorney for the Northern District has charged an Albany attorney with defrauding his clients and stealing money from a former law firm.
Albert Hessberg III, 63, of Slingerlands, appeared Thursday in federal court on charges of wire fraud and bank fraud.
Hessberg is accused of stealing at least $328,000 from clients, in addition to diverting legal payments intended for his former firm, Barclay Damon, to himself. He appeared Thursday in federal court in Albany before United States Magistrate Judge Christian F. Hummel, who ordered him released with conditions, pending further proceedings.
If convicted, Hessberg faces up to 20 years in prison, a maximum $250,000 fine, and up to three years of post-release supervision.