Monday, September 24, 2007
Asbestos plaintiffs' lawyer Louis Robles pleaded guilty last week to three counts of mail fraud for stealing settlement money from his clients, according to this AP story on Forbes.com. He will be sentenced on December 4 in federal court in Miami. Robles faces up to fifteen years in prison, because each count carries a five-year term. He is being held without bail. Robles agreed to a plea deal in April that would have included a ten-year prison term, but Judge Alan Gold rejected it because he considered the sentence too light considering Robles' inability to pay full restitution. Trial was set to begin last week, producing the new plea.