Dishonest attorneys prompted the awarding of $7.1 million in 2006 from the New York Lawyers' Fund for Client Protection, which warned on Thursday that the fund is likely to start seeing claims from the largest case of lawyer theft in its 25-year history. Officials say the fund's finances are "very strong," but claims for reimbursement from clients defrauded by Andrew F. Capoccia and two attorneys working for him in his debt-reduction practice could total $5 million to $6 million alone.
April 16, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Dishonest attorneys prompted the awarding of $7.1 million in 2006 from the New York Lawyers’ Fund for Client Protection, which warned Thursday that the fund is likely to start seeing claims from the largest case of lawyer theft in its 25-year history.
Last year, the fund paid out $1 million less than the $8.1 million awarded in 2005. The average awarded annually over the last five years has been just over $6.3 million. (The report is available at www.nylawfund.org.)
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