A Hastings-on-the-Hudson, N.Y.-based attorney who fraudulently induced an elderly couple to loan him their retirement savings and daughter’s college fund has been suspended for three years and ordered to repay the couple $428,000.

In the late 1980s, Erik Veski, 52, made false representations to his friends Robert and Aimee Vant in order to induce them to loan him over $220,000 for a real estate venture. A disciplinary proceeding initiated in 1997 was held in abeyance pending the outcome of a civil action.

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