Monday, January 16, 2012

Elderly Virginia Attorney Sentenced For Embezzling More Than $1 Million From Clients

William Orr Smith, 72, of Henrico County, Virginia, has been sentenced to 3 years in prison for embzzling $1,065,327.10 from his clients at Montbrook Title LLC.  According to authorities, beginning in 2005 and continuing for 5 years, Smith siphoned funds from client mortgage and foreclosure accounts using "hundreds of illegal transfers."  Smith has lost his law license and been ordered to pay full restitution.

Read the story here.

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