BAIL SET FOR WOMAN IN STOCK FRAUD CASE

BAIL SET FOR WOMAN IN STOCK FRAUD CASE

Bail has been set at $100,000 for a former New City woman accused in a multi-million-dollar stock fraud scheme with her husband. Sixty-two year-old Karen Lampert was arraigned yesterday in State Supreme Court here in Rockland. Her husband, 59-year-old Steven Lampert, is in jail in California. That’s where the couple has been living since leaving Rockland eight months ago. Police say the Lamperts left the county after selling friends and acquaintances more than $3,000,000 in bogus stocks. They’re both charged with grand larceny.