Hendersonville attorney Alexander Veazey III appeared in Henderson County District Court Thursday afternoon under fire after investigators say he embezzled more than $100,000 from a trust in his care.
Veazey, 60, waived his right to appointed counsel and hired attorney Chris Stepp to represent his defense. District Judge Athena Brooks set Veazey's next court date for June 14.
A preliminary investigation by the State Bar found that Veazey mishandled client funds that were deposited into his trust account, according to a consent order of preliminary injunction filed in Wake County on Jan. 31.
The investigation led to a warrant being issued for his arrest Wednesday. The warrant says Veazey embezzled, misapplied and converted to his own use “over $100,000” belonging to the trust account of "Lex H. Veazey" Attorney at Law between Jan. 1, 2011 and Jan. 31, 2013.
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According to the consent order, Veazey is not allowed to accept funds from clients or third parties, or withdraw funds or write any checks against any account in which client or fiduciary funds have been deposited.
Veazey is also not allowed to serve as an attorney-in-fact, trustee, escrow agent, executor or personal representative.
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