Tuesday, March 16, 2010

California Attorney Accused Of Embezzling More Than $500K From Clients

Oscar Cruz Parra, 67, of San Dimas, California, a probate attorney, was arrested today on charges he embezzled more than $500,000 from at least four of his clients. Prosecutors have charged him with five counts of embezzlement, four counts of perjury and one count of preparing false evidence. According to the complaint, since December 2000, Parra misappropriated funds from probate estates he handled and then filed false papers with the court to cover up the defalcations. The State Bar of California suspended his law license last month. Parra, who faces up to 14 years in prison if convicted on all the charges, is currently held on $641,103 bail.

Read the story here.

Read the DA's announcement here.

Update (5/26/10): Parra pleaded guilty today to charges he embezzled more than $500,000 from 5 of his clients. In a plea deal reached with prosecutors, Parra agreed to serve five years in state prison and pay $441,000 in restitution.

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