Wednesday, September 5, 2012
Peter David Nitschke is an Orange County attorney charged with embezzling more than $720,000 from a client trust fund. Peter helped two sisters with a sum of money their mother left them after she died because he was a friend of the women's family. The mother left the 65 and 69 year old sisters $675,000.
Prosecutors are charging him with stealing $675,000 and an additional $46,000 from a real estate transaction. Peter then allegedly spent the money or hid it by moving it into other accounts. Peter is now being held and his bail is set at $725,000.
See Attorney Charged With Embezzling $721,000 From Sisters, L.A. Now, Sept. 4, 2012.