Friday, February 19, 2021

PayPal Thefts Lead To Disbarment

The New York Appellate Division for the First Judicial Department has disbarred a convicted  attorney

On September 3, 2020, respondent entered a plea of guilty in Supreme Court, New York County, to grand larceny in the first degree (Penal Law ยง 155.42), a class B felony. During the plea proceeding respondent admitted that, between 2006 and 2019, he was employed as general counsel and senior vice president of Ellison Systems, Inc., d/b/a Shoplet, and between May 26, 2013 and July 22, 2019, without permission or authority to do so, he transferred in excess of $5.9 million from Shoplet"s PayPal accounts to PayPal accounts in his own name, using those funds for personal purposes.

On October 8, 2020, respondent was sentenced to an indeterminant term of imprisonment of 3 to 9 years. Respondent provided restitution in the amount of approximately $1.45 to $1.5 million dollars, and there is a civil judgment against him for $6.8 million.

Disbarment is automatic based on the crime for which he was convicted.

ABA Journal covered the plea. (Mike Frisch)

Bar Discipline & Process | Permalink


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