Nearly a year after his arrest for running an alleged Ponzi-scheme, Nicholas Cosmo has a new attorney because he doesn’t have any money to pay the old one.
Bronx attorney Stacey Richman asked to be relieved from the case in federal court Friday and Judge Denis Hurley handed it over to Manhattan lawyer Richard Levitt, of Levitt & Kaizer, who will be paid for his services through the government’s Criminal Justice Act.
“I understand that Mr. Cosmo’s financial situation is relatively dire,” Hurley said before approving the move.
The judge also approved a $2,800 payment for the electronic version of case records for Cosmo and his new attorney to review. He set the next court date for Jan. 29 at 10 a.m.