Queens lawyer sentenced for stealing from estate of late Judge John 'Kung Fu' Phillips
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Frank Racano appears in Brooklyn Supreme Court for his sentencing on Thursday, April 20, 2017. He pleaded guilty earlier this month to stealing over $500,000 from the estate of the late Judge John Phillips after the sale of the Slave Theatre in Bedford-Stuyvesant. (Byron Smith for New York Daily News) (BYRON SMITH FOR NEW YORK DAILY NEWS/NEW YORK DAILY NEWS)
BY CHRISTINA CARREGA NEW YORK DAILY NEWS
Thursday, April 20, 2017, 1:19 PM
A Queens lawyer who admitted to stealing over $500,000 from the estate of the late Judge John Phillips was sentenced Thursday to up to three years in prison.
Frank Racano pleaded guilty earlier this month for dipping into Phillips’ escrow account after the historic Slave Theatre and an adjacent lot in Bedford-Stuyvesant sold for $2.28 million in 2012.
The Slave Theatre was demolished earlier this year.
“For over several years, Racano took out thousands and paid off his mother’s condo until the account depleted to nothing,” said Assistant District Attorney Frank Dudis at Racano’s sentencing in Brooklyn Supreme Court.
In May 2016, after Racano admitted in civil court to writing over 300 checks from the account and was thrown into jail for 30 days, he was indicted for the brazen grand larceny.
Prosecutors recommended Racano go to prison for up to four years, but Brooklyn Supreme Court Justice Danny Chun decided three was appropriate.
“Grand larceny in the second-degree does not always require jail time ... I felt given the amount stolen and the abuse of his position as an attorney did not warrant no jail time,” Chun said.
Racano was also ordered to pay back $587,161 to the estate of Phillips, who was known as “the Kung Fu Judge” because of his martial arts proficiency.
His attorney, Samuel Karliner, said he has paid some of it back already.
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Judge John L. Phillips in front of his Slave Theatre at 1215 Fulton Street in Brooklyn. (HE, GARY)
“It doesn't surprise me. When attorneys embezzle a clients money, its never an isolated incident. They know what they are doing, they just decided to throw in the towel," said John O'Hara, an attorney for Phillips.
The disgraced lawyer was also pleaded guilty in Queens for stealing over $50,000 from Tina Rashkover and Lisandra Vasquez, according to court documents. He's expected to be sentenced for that case on April 24.
“This is hopefully the last straw to destroy the legacy of a beloved judge here in Brooklyn,” said Dudis.
This was not the first time an attorney had raided Phillips’ estate.
In 2008, Phillips' former guardian, Emani Taylor, was ordered to repay $403,000 to his estate.
In 2006, Maria Leyna Albertina pleaded guilty for stealing the deeds of several homes in Brooklyn, including one that belonged to Phillips.
Phillips, who was a civil court judge for 17 years and known for his martial arts skills, suffered from Alzheimer’s and died in 2008 at the age of 83.