Connecticut Attorney Sentenced For Stealing From Clients

Former Fairfield, Connecticut attorney John M. Claydon Jr. was sentenced to five years in prison followed by three years special probation and restitution of $733,000 in a Connecticut Federal Court on Monday, accorfding to a story on The Connecticut Post Online. He pleaded guilty in December to one count of bank fraud for cheating clients out of money.

Claydon, prosecuted separately in Connecticut state court as well for cheating other clients, is expected to get another 15 years in prison and be ordered to pay $2.8 million in restitution when he is sentenced for those crimes later this month.

All told, he cheated 36 clients out of at least $3.9 million in real estate transactions in which his victims included individuals cheated out of home sale proceeds, banks, and a title insurance underwriter who had to pay out $720,000 in insurance claims as a result of Claydon's actions.

To read more, see Millions stolen by lawyer.

Click here for stories of other Connecticut attorneys in potential hot water.
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