Credit: Adobe Stock Attorney's $35K Misappropriation of Estate Funds Leads to 4-Year Suspension by Consent
The ODC's audit of financial records revealed that the attorney paid himself $4,250 for "legal fees" in February 2019 and exceeded 200 ATM withdrawals. Some of the withdrawals were taken without an identifying the purpose, and he also made debit card purchases from Sunoco, TGI Fridays, Verizon, Progressive Insurance, and the Philadelphia Parking Authority.
December 09, 2022 at 04:24 PM
3 minute read
The Pennsylvania Supreme Court ordered that a Philadelphia attorney's license be suspended for four years by consent Wednesday after the Office of Disciplinary Counsel found that he misappropriated over $35,000 from his client's estate funds for personal purchases.
In 2010, attorney William M. Labkoff learned that approximately $80,000 was being held in Elizabeth F. Craft's estate following her death in January 1991. After her successors also died, the money was to be distributed to certain organizations. The case was later passed along to Philadelphia attorney Wendell Grimes.
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