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NEW YORK, Jan 23 (Reuters) - Alan Lewis, the main white-collar defense attorney, has taken on the defense of Douglas Arntsen , the former Crowell & Moring attorney-at-law who is accused of stealing at least $7.4 million in client funds and fleeing to Hong Kong to keep arrest.

Lewis, 51 and a partner at Carter, Ledyard & Milburn, is representing Arntsen, who was arraigned Friday evening in Manhattan criminal court and is currently being held without bail.

Prosecutors have charged Arntsen, 34, with fleeing the Of like mind States in September after they accused him of embezzling $2.5 million in shopper funds that had been placed in escrow for his client, Regal Real Rank. The amount he is accused of stealing has since risen to $7.4 million. Meanwhile, at the arraignment, prosecutors said Arntsen is under analysis for stealing an additional $21 million.

In Lewis, Arntsen is turning to a former ally. Both men worked together at the firm now known as Buchanan Ingersoll & Rooney from 2005 to 2006, when Lewis was a participant and Arntsen worked as an associate in the finance and distressed-debt custom. Lewis left for Carter Ledyard in 2006, and Arntsen stayed at Buchanan Ingersoll until he joined Crowell & Moring as instruction in 2007.

Source: Thomson Reuters News & Insight

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