A Holocaust and cancer survivor won a $2.5 million judgment against her son after he took $2 million from her in cash and stock, according to court documents.
Irena Mausner, a retired Manhattan prosthodontist, built a portfolio of cash, stocks, investments and nearly $5 million in real estate with her husband, Chanel executive Jack Mausner, who died in 2014.
The 88-year-old trusted his son, Ian O. Mausner, 64, to manage his wealth, but instead engaged in “a whole series of thefts, frauds and deceptions ”, according to his lawsuit filed in 2023 in Manhattan Federal Court.
The scheming son even attempted to steal two California properties worth millions of dollars from under his mother’s nose, according to the suit.
“The evidence is overwhelming [Ian Mausner] blatantly stole or attempted to steal a large number of [his mother’s] assets,” U.S. District Court Judge Jesse Furman noted in the court order.
stocks of her. Patrick McMullan
Mausner, of San Diego, was a registered investment adviser until he was accused by the Securities and Exchange Commission of taking advantage of his clients, Furman noted in the ruling.
Mausner was barred in May 2019 from serving as an investment advisor as part of a settlement with the SEC, but continued to serve as his mother’s financial advisor, the court said.
The Manhattan lawsuit accused him of falsifying his name on the deeds to a $2.2 million San Diego apartment and a $2.4 million Carlsbad mansion they owned jointly, and gave himself sole control in an attempt to sell them secretly.
” always gave me everything I wanted so the idea of taking
she is absolutely ridiculous. Ian Mausner
From 2018 to 2022, Ian Mausner allegedly transferred $1.7 million of his mother’s money to a Robinhood investment account in his own name, while giving Irena “fake” documents showing the funds were under her control, the mother claimed in the legal filing.
Once confronted with the accusations, the son allegedly attacked his mother, telling her that it was she who was “truly reprehensible and unforgivable”.
his $2.2 million apartment in San Diego, according to court documents.
“It’s a shame that this [the Mausner case] never saw the light of day. . . But the Court now has no choice but to wade into this ugly family dispute,” Furman said in his opinion.
“We deeply appreciate this ruling and the Court’s finding that there was overwhelming evidence of Ian Mausner’s misconduct,” said Irena Mausner’s attorney, Seth L. Levine.
Ian Mausner insisted to the Post that he had done nothing wrong, saying his mother “always gave me everything I wanted, so the idea of taking it from her is absolutely ridiculous.”
