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51°
Monday, dec 30
Tag:
William McCullough
News
$720K Scheme: Former Stamford Attorney Defrauds Clients, Gets Jail Time
A former real estate attorney based in Fairfield County will spend time in prison after stealing more than $700,000 from his clients for both his own use and for paying debts owed to others. Westerly Rhode Island resident William McCullough, age 63, was sentenced on Wednesday, Nov. 15 to 12 months and one day in prison for stealing more than $700,000 from clients of his Stamford-based law practice, the US Attorney's Office for the District of Connecticut announced. Earlier Report - Former Stamford Attorney Admits Defrauding Clients Of More Than $700K According to fede…
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Former Stamford Attorney Admits Defrauding Clients Of More Than $700K
A former real estate lawyer based in Fairfield County faces prison time for illegally using funds received from his clients, causing them to lose over $700,000. Westerly, Rhode Island resident William McCullough, age 62, admitted to the embezzling scheme on Wednesday, Nov. 23, according to the Connecticut Department of Justice District. As part of his Stamford-based law practice, McCullough would handle real estate transactions for clients and receive funds that he was required to deposit into an Interest on Lawyers’ Trust Account (IOLTA Account) to use as part of his dutie…