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Friday, March 19, 2010   37º F

Updated 03/23/2003 12:42 PM

Llenroc Mansion bought for $1.4 million

By: Capital News 9 web staff

The home of a shamed insurance magnate changes hands.

Albert Lawrence once owned the 34-room Llenroc Mansion in Rexford.

Court documents show Joseph Costello recently bought it for $1.4 million.

Lawrence went to prison for fraud, embezzlement and tax evasion in 1999. The mogul was released in 2001, shortly before his death.

His wife won't get any money from the sale because the couple had filed for bankruptcy.