Misappropriating

Former Compliance Lawyer Faces Jury Over Allegations of Misappropriating $20 Million Credit Line

by

NEW YORK — A Manhattan federal jury heard opening statements Monday in a case involving a former compliance lawyer charged with embezzling funds from a tax-lien investment firm. The lawyer is accused of misappropriating money from a $20 million line of credit assigned to his company. Defense attorneys argued that the lawyer was unaware of any wrongdoing, claiming that the financial transactions in question were conducted within the company’s operational norms. They emphasized that the former lawyer believed he was acting in the best interests of the firm, disputing the prosecution’s allegations of criminal activity. … Read more

Disbarred Florida Attorney Sentenced to 33 Months for Misappropriating Client Funds

by

FORT LAUDERDALE, Fla. — A former attorney from Florida has been sentenced to 33 months in federal prison after admitting to embezzling funds from clients. The U.S. District Court for the Southern District of Florida handed down the sentence to the disbarred lawyer who misappropriated over $300,000 intended for clients. The lawyer, whose legal license was revoked in 2018, utilized trust accounts meant for client funds to finance personal expenses, including luxury travel and other indulgences. Prosecutors revealed that the accused often provided fraudulent accounting statements to clients, misleading them about the status of their … Read more

Attorney General Takes Action Against D.C. Nonprofit for Misappropriating Grant Funds

by

Washington, D.C. – The District of Columbia’s Attorney General, Brian Schwalb, has taken legal action against a local nonprofit and its former CEO, accusing them of misappropriating grant funds intended for violence reduction initiatives. The lawsuit seeks to recover significant amounts of money that the city claims were improperly handled. The nonprofit organization, Women in H.E.E.L.S., received financial support during the fiscal years 2022 and 2023 to implement programs aimed at reducing violence in the Congress Heights neighborhood, specifically to assist women and girls. The grants were part of the Cure the Streets initiative, a … Read more

Polk County Law Firm Owner Accused of Misappropriating $1.8 Million from Client Trust for Gambling Spree

by

Lakeland, FL — A lawsuit recently filed in Polk County alleges that the owner of a local law firm misappropriated approximately $1.8 million from a client’s trust fund, subsequently losing the funds through extensive gambling activities. The civil suit targets Gregory Winters, proprietor of Winters Law Firm, accusing him of breach of fiduciary duty, among other serious charges. The plaintiff, identified as 60-year-old Maria Lopez, entrusted Winters in 2019 with the management of her late husband’s estate. The funds, intended to secure her financial future, were instead covertly diverted for Winters’ personal use, specifically large-scale … Read more