Saturday, August 13, 2011
A Massachusetts attorney has been indefinitely suspended for misconduct described in this summary.
The violations include:
From 1985 to 2003, the respondent engaged in illegal gambling by placing bets with a bookmaker. In return, the respondent provided legal services to the bookmaker and his family.
In early January 2001, the respondent borrowed $30,000 from the bookmaker. As
part of his repayment of this debt, between January 2001 and January 2002, the respondent
permitted the bookmaker to operate an illegal gambling operation from the basement of the
respondent’s home. For approximately three weeks during this period, the respondent
assisted in the gambling operation by answering the telephone installed in his basement.
In a second matter, the respondent was friends with an owner of an out-of-state
electric company who suggested that the respondent could earn money to repay the
bookmaker by helping the friend receive cash over $10,000 without triggering a report from
the friend’s bank pursuant to 31 C.F.R. §103.22(b)(1). The respondent and the friend
devised a scheme whereby the friend wrote checks to an entity created by the respondent
called “Suffolk Lighting,” which the respondent then deposited to a “Suffolk Lighting” bank
account. The friend agreed to pay the respondent 10% of the cash withdrawn.
On some occasions, the respondent intentionally made a series of cash withdrawals
under $10,000 to avoid triggering a bank report and turned the cash to the friend. This
“structuring” violated 26 U.S.C. §6050I. On other occasions, he wrote checks to an account
established by his friend. Between 2001 and 2004, the respondent delivered $700,000 to
$800,000 in cash to the friend.