A former attorney was recently accused of embezzlement in connection with a long-running scheme to embezzle funds from trusts for which he served as trustee. The attorney served as trustee for three family trusts with fiduciary responsibilities to protect, preserve, and pay expenditures for the benefit of the beneficiaries.
Instead, the attorney embezzled and misappropriated more than $600,000 from the trusts and used the proceeds for personal expenses, including purchasing a vehicle and a vacation home and paying his credit cards. The attorney was sentenced to two years in prison, three years of supervised release, and was ordered to pay restitution to his victims.
