Wednesday, May 20, 2009

No Funds Left Behind

The Illinois ARDC Administrator has filed charges against an attorney for conversion of trust funds proceeds that the attorney, in his capacity of public administrator of estates. The funds were to be held for a minor beneficiary until he reached the age of 25. The charges allege that, prior to the birthday, the lawyer had retired and movd to Virginia without notice to the beneficiary. Also, it is alleged that the accused lawyer had long since spent the entrusted funds (over $30,000) on himself. (Mike Frisch)

http://lawprofessors.typepad.com/legal_profession/2009/05/moved-left-no-funds-behind.html

Bar Discipline & Process | Permalink

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