A slush funds manager who has been accused of stealing millions from an unsettled trust fund is facing a fraud trial.
The Bronx Trust Fund (BTF), an account set up to hold funds for victims of the Sept. 11 attacks, was liquidated by the New York State Attorney General’s Office in late November after a lawsuit filed by former trustee Chris Brown alleged the manager, Brian T. Stoll, stole millions of dollars from the account.
Brown sued the trust fund for nearly $1.7 billion in the fall of 2018.
The case was settled in December 2018.
In October, the trust filed for bankruptcy protection and in March the trust received an eviction notice.
The eviction notice said T.
Stoll had been evicted by the trust and had violated the terms of the bankruptcy.
Stoodlers were on hand to help remove the tenants.
Brown told the New Yorker that the trust was in good shape and he believes the case is one of the most significant in New York history.
The trust’s trustee, David R. O’Neill, said in a statement that T.
Stell has never been charged with a crime and has never acted fraudulently.
Stolt, who owns Stoll & Cie, LLC in the Bronx, was indicted by a grand jury last month and faces two felony counts of theft and one misdemeanor count of failing to file required disclosures, according to the New Haven Register.
Stolk is scheduled to appear in federal court on Nov. 9.