Wednesday, September 26, 2012

When Lawyers Go Wrong: Embezzling Funds


Whether it is a retainer, a settlement award, or funds held in escrow, the most sacred charge of an attorney is to protect and hold safe his client’s money. Unfortunately, some attorneys just can’t resist the temptation.

Take, for instance, an Arkansas lawyer who was sentenced to more than 7 years in prison and ordered to pay $8.8 million in restitution for stealing $9.3 million from an escrow fund containing proceeds from a class-action settlement. Better yet, look at a California lawyer who pocketed more than $40,000 from her client’s escrow account while he waited for his divorce to be finalized. Or what about an Attorney from Missouri? The show me state. Earlier this month he was sentenced to 5 years in federal prison for embezzling nearly half a million dollars from his clients! If you think every lawyer is above this type of behavior, think again. If you have been victimized by this type of fraud contact our office and let us take a closer look. We can help you try and get the money back. We Can Help!

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