Thursday, February 5, 2015

West Virginia Man Indicted For Allegedly Embezzling $833K From Trust Funds

From the Register-Herald on 2/4/2015:

Among the 35 people who were identified as having been indicted by a Greenbrier County Grand Jury this week is a man accused of embezzling more than $800,000 from a trust fund.

Jeffrey Einer Lewis, 58, of Renick was indicted on two charges — embezzlement by a fiduciary and financial exploitation of an elderly person.

The indictment charges that Lewis, a certified public accountant (CPA), embezzled a total of at least $832,992.65 from a trust established by the late John R. Dawkins for the benefit of John Kay Dawkins. The alleged embezzlement occurred between Aug. 1, 2010, and March 31, 2014, while Lewis was acting in the capacity of trustee of the Dawkins trust.
That same alleged embezzlement is also at the heart of the second count of the indictment, in which Lewis is charged with intentionally misappropriating or misusing at least $1,000 from the trust between June 10, 2011, and March 31, 2014, during which time the trust's beneficiary was 65 years of age or older.
Lewis was arrested on those charges in May of last year. He was released from custody after posting a $75,000 bond.
On May 29, a Greenbrier Circuit judge signed an order agreed to by all parties removing Lewis from the trusteeship and appointing Lewisburg attorney Edward D. Knight III as the successor trustee.
Including the two-count indictment against Lewis, the grand jury — which met on Tuesday and Wednesday this week — returned a total of 38 indictments, two of which were ordered sealed.


Read the whole story here.

No comments: