Former Oklahoma Attorney Charged with Nine Counts of Wire Fraud Over Misused Settlement Funds
A former Oklahoma attorney has been charged with nine counts of wire fraud, following an investigation into allegations that he misappropriated settlement funds meant for his clients. According to a federal grand jury indictment, the attorney is accused of diverting these funds into his personal and business accounts, instead of disbursing them to the rightful parties involved in car accident settlements.
Misuse of Settlement Funds
The Oklahoma Bar Association (OBA) launched an investigation after receiving multiple complaints regarding the attorney's handling of settlement money. Clients alleged that after their cases were settled, they did not receive the compensation they were owed. Instead, the attorney reportedly transferred the funds into his personal and business bank accounts...