Wednesday, April 11, 2012

Disbarred North Carolina Attorney Faces Federal Charges For Embezzling $857K From Trust Accounts

Samuel Neill, believed to be in his early 60s, of Hendersonville, North Carolina has now been charged with tax evasion in connection with his embezzlement of some $857,632 from his law firm's trust accounts.  According to authorities, from 2008 through May 2011, Neill siphoned funds for his own benefit and was disbarred for his fraudulent action.  The federal criminal Information alleges that Neill embezzled funds by check and used the money "to improve his lifestyle, make payments to lenders holding unpaid liens, satisfy potential debts and demands related to his business obligations, and additional unknown reasons." 

Read the story here and here.

Update (9/17/12): Neill pleaded guilty five state charges of felony embezzlement in connection with the embezzlement of what is now believed to be $2.5 million.

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