An Indiana law school will rename its atrium now that an alumnus benefactor has found himself on the wrong side of the law.
The atrium of the Indiana University Robert H. McKinney School of Law was named for personal injury attorney William Conour, who donated $450,000 to the school in 2000. But Conour on July 15 pleaded guilty to wire fraud and now faces up to 20 years in a federal prison.
Government prosecutors allege that the 64-year-old Conour, who graduated from the Indianapolis law school in 1974, defrauded 25 clients out of more than $4.5 million. He spent the money for business and personal uses.
“Indiana University President Michael A. McRobbie today announced that, in light of the guilty plea submitted by Indianapolis attorney William Conour, he will recommend to the Indiana University Board of Trustees that the Conour name be removed from the I.U. McKinney School of Law atrium and that the naming of the atrium in honor of Mr. Conour be rescinded,” the university said in a written statement.
In addition to removing Conour’s name, the law school will turn over the donated $450,000 to a compensation fund for his victims. That fund, established by the court, contained just $21,000 as of last month.
Conour was first charged with wire fraud in April 2012. He was released on bond until late June, when a judge ordered him jailed for violating the terms of his release by spending close to $100,000 without the court’s approval. He is scheduled to be sentenced in October and could face a fine as high as $250,000 in addition to prison.