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Connecticut Real Estate Developer Kissel Stabbed to Death

Wednesday, April 05 2006 04:47

Andrew M. Kissel, real estate developer, Greenwich, Connecticut, was found stabbed to death in his Greenwich, Connecticut home, according to media reports. Kissel was indicted in August 2005 in connection with his alleged role in a mortgage fraud case involving tens of millions of dollars. He was alleged to have recorded false releases of existing mortgages in order to obtain new financing from banks. He was awaiting trial on those charges at the time of his death.

According to media reports, Kissel’s sister-in-law, Nancy, bludgeoned her husband, Robert Kissel, to death in 2003. Kissel’s wife Hayley Kissel was reportedly suing for divorce at the time of Kissel’s death.

In October of last year, he was also charged with embezzling nearly $4 million from reserve funds from his co-op apartment building at 200 East 74th Street, New York while serving as treasurer of the board. The theft allegedly occurred between 1996 and 2002. He plead not guilty to the charges and was released on $10,000 bail. According to media reports, Kissel settled a civil lawsuit with the co-op board in October 2003 and repaid nearly $4 million and approximately $700,000 in interest and other fees.

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Rachel Dollar Rachel Dollar, the editor of Mortgage Fraud Blog is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors.
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