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JAY LAZEROWITZ OF FRANKLIN LAKES CHARGED WITH UNAUTHORIZED PRACTICE OF LAW

TO:  ALL NEWS MEDIA
FROM: ACTING PROSECUTOR GURBIR S. GREWAL  
 
Acting Bergen County Prosecutor Gurbir S. GREWAL announced the arrest of JAY
I. LAZEROWITZ, a 58-year-old Franklin Lakes, New Jersey man, on Unauthorized Practice
of Law and Misapplication of Entrusted Property charges.  The arrest came about as a
result of an investigation conducted by members of the Bergen County Prosecutor's Office
(BCPO) White Collar Crimes Unit under the direction of Officer-In-Charge, Deputy Chief
Robert ANZILOTTI. 
 
The investigation, which was based on civilian complaints and information received
from the New Jersey Office of Attorney Ethics revealed the following:
 Jay I. LAZEROWITZ, whose license to practice law was suspended on January 27,
2016, failed to comply with Attorney Ethics regulations and continued to practice law.  Even
though his Attorney Trust Account was frozen as a result of his suspension, Mr.
LAZEROWITZ continued to receive monies in trust.  Mr. LAZEROWITZ received those
entrusted funds and placed them into regular, business type checking accounts.  During
the course of the investigation, it was determined that Mr. LAZEROWITZ also misapplied 
entrusted funds by moving and/or utilizing funds outside the terms of the established
escrow agreements.  The funds lost to date are in excess of $500,000.
 
On September 19, 2016, Jay I. LAZEROWITZ was charged on a Warrant issued by
the Bergen County Central Municipal Court.  On September 23, 2016, Mr. LAZEROWITZ
was arrested by members of the Bergen County Prosecutor’s Office White Collar Crimes
Unit.
 
Jay I. LAZEROWITZ was charged with one count of violating N.J.S.A. 2C:21-22b(2),
Unauthorized Practice of Law, a 3rd degree crime, and two counts of violating N.J.S.A.
2C:21-15, Misapplication of Entrusted Property, with a value greater than $75,000, a 2nd
degree crime.  Mr. LAZEROWITZ was remanded to the Bergen County Jail in lieu of bail
set at $100,000 with a ten percent cash alternative by The Honorable Louis J. DINICE,
Judge of the Bergen County Central Municipal Court.  Mr. LAZEROWITZ’s first
appearance in Bergen County Central Judicial Processing Court is scheduled for 9:00 a.m.
on October 5, 2016.   
 
Acting Prosecutor Grewal states that these charges are merely accusations and that
the defendant is presumed innocent until and unless proven guilty beyond a reasonable
doubt.
 
BERGEN COUNTY PROSECUTOR'S OFFICE
CHARGE INFORMATION FORM
 
DEFENDANT:   Jay I. Lazerowitz  DOB:  04/12/58   
LAST KNOWN ADDRESS:  844 Tequesta Drive, Franklin Lakes, NJ 
MARITAL STATUS:  Married         
OCCUPATION:  Suspended Attorney    
ARREST INFORMATION 
DATE OF ARREST:  Friday, September 23, 2016 
 PLACE OF ARREST/TOWN: Paramus, New Jersey                                                 
AGENCIES EFFECTING ARREST:  BCPO White Collar Crimes Unit   
 
CHARGE AND STATUTE CITATIONS
1. N.J.S.A. 2C:21-15, Misapplication of Entrusted Property, greater than $75,000.00, a 2nd degree crime.
2. N.J.S.A. 2C:21-15, Misapplication of Entrusted Property, greater than $75,000.00, a 2nd degree crime.
3. N.J.S.A. 2C:21-22b(2), Unauthorized Practice of Law, a 3rd degree crime.   
ARRAIGNMENT INFORMATION 
ARRAIGNMENT DATE:   10/05/2016, 9:00 A.M. JUDGE: CJP Court; room 114, 10 Main Street, Hackensack    BAIL AMOUNT & CONDITIONS: $100,000 with a 10% cash alternative
PRESENT STATUS: Remanded to the Bergen County Jail 
 09 23 16 Jay Lazerowitz
 JAY LAZEROWITZ

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