Friday, November 16, 2007

Florida Attorney Disbarred For Swiping $110K From Dead Client; Criminal Charges Pending

In Florida, the St. Petersburg Times reports:
  • The Florida Supreme Court recently disbarred attorney Angelo Cappelli, 37, a former Republican state House candidate from St. Petersburg who is facing charges of grand theft and perjury. Cappelli was one of eight attorneys disbarred statewide by the court, according to the Florida Bar. [...] Cappelli, a wealth and investment adviser at SunTrust Bank, was considered a hot political newcomer.

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  • St. Petersburg police arrested Cappelli in August, alleging that he stole $110,500 from the trust account of a deceased SunTrust client. Cappelli's attorney Frank Louderback recently said SunTrust has been reimbursed.

For more, see High court disbars former candidate.

See Theft Of Escrow Funds I and Theft Of Escrow Funds II for other stories of trust account / escrow account theft of funds. sneaky slick escrow agents beta