Reprimanded: Sanction for New Haven Lawyer With History of Misconduct
"The respondent stated that he does not have a defense for his actions, and that he is sorry and embarrassed," the decision said.
February 08, 2022 at 12:46 PM
5 minute read
A New Haven attorney with a turbulent past has been reprimanded for misconduct concerning his Interest on Lawyers' Trust Account, or IOLTA.
Richard P. Silverstein, who previously received a suspended sentence after being arrested twice for possession of crack cocaine between 1999 and 2003, appeared before the Statewide Grievance Committee on Oct. 7, 2021, to answer questions about an overdraft from his client account.
Key Bank, where he held an IOLTA for many years, placed a hard hold on his account, because it suspected possible fraud due to the frequency of Silverstein's cash deposits, according to the reviewing committee's Dec. 10, 2021, decision.
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