Wednesday, January 21, 2009
A Louisiana hearing committee has recommended the disbarment of an attorney convicted of theft of more than $500 from Kiko Foods. This was not shoplifting; rather, he was Kiko's chief financial officer with "direct access to and control over the corporate bank accounts and financial records of the company." He had issued numerous checks for his benefit payable to cash, totalling over $276,000 and failed to pay quarterly payroll taxes to "obstruct discovery of his embezzlement."
The committee noted that the attorney had self-reported the conviction and has been treated for a gambling addiction. These factors led to a recommendation that there be a possibility of reinstatement. (Mike Frisch)