Atlanta lawyer James J. Gormley III has been convicted in West Virginia for his role in a $7 million investment scam similar to one in which he represented complaining investors four years ago.
A federal jury in Huntington found Gormley, 37, guilty of five counts of money-laundering, conspiracy, and perjury on Nov. 19. He could face 14 to 16 years in prison, says his lawyer Wilmer (Buddy) Parker III, a partner with Kilpatrick Stockton. Prosecutors say he could get up to 20 years for each of two counts of money laundering alone.
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