NEW YORK (CNN) -- Prosecutors unveiled an additional money laundering charge Tuesday against New York lawyer Marc Dreier, now claiming he defrauded clients of nearly $700 million.
Dreier was indicted in January on charges of securities and wire fraud. He was placed under house arrest in January after posting $10 million for cash bail.
According to documents filed by the U.S. attorney's office for the southern district of New York, Dreier "sold to funds and others approximately $700 million worth of Fake Developer Notes and Fake Pension Plan Notes" from roughly 2004 to 2008.
Prosecutors demanded Dreier forfeit approximately $700 million and his ownership interests in several pricey items such as luxury cars, yachts, properties in the Hamptons on Long Island, in New York City and on the Caribbean island of Anguilla.
Prosecutors also want him to surrender several works of art by well-known artists such as Damien Hirst, Andy Warhol, Roy Lichtenstein, Henri Matisse, and Pablo Picasso.
Gerald Shargel, Dreier's attorney, did not return a call for comment.
CNN's Emily Anderson contributed to this report.
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