Bad Lawyers

Massachusetts Attorney Disbarred for Fraud
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

steal money

Summary: A Massachusetts attorney was officially disbarred and required to pay the IRS $300,000 in restitution for taking money from clients to pay bills in lieu of a reportable income.

A month after being sentenced to a year of probation and a $300,000 fee, a Topsfield lawyer has been officially disbarred. John Molloy Jr, 53, surrendered his license last month for defrauding clients and misconduct with the IRS.

  
What
Where


Molloy was ultimately disbarred for his conduct regarding his federal tax fraud case and his conduct towards his clients and their treatment providers. He admitted in an affidavit to “intentionally misuing” over $57,000 in client funds beginning in 2008.

During the sentencing memorandum filed in the criminal case, federal prosecutors claimed that Molloy used his law firm’s business accounts to pay his personal bills instead of giving himself a salary, with which he would have to report his income.

In order to provide enough money for his personal expenses, Molloy would keep portions of settlements and judgments from clients, instead explaining to his clients that the funds were used to reimburse third-party providers.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Molloy was never criminally charged for his conduct towards clients. In the federal tax case, Molloy entered a guilty plea. His license has been suspended since September. Molloy had his law license suspended back in 2003 as well. The punishment was a three month suspension for signing an affidavit in the name of a client, filing it in court, and making misrepresentations to officials from the Office of Bar Counsel.

Do you think the clients should have taken further precautions since Molloy has a past of misconduct? Tell us your thoughts in the comments below.



To learn more about bad lawyers, read these articles:

Photo: publicdomainpictures.net



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Litigation Trial Attorney with 3-5 years of pleading experience

USA-WA-Seattle

Seattle office of our client seeks litigation trial attorney with 3-5 years of experience. The candi...

Apply Now

Corporate Attorney with mergers and acquisitions experience

USA-CA-Los Angeles

Los Angeles office is seeking a corporate attorney with 1-6 years of M&A, corporate finance, securit...

Apply Now

Estate Planning Attorney with 6+ years of experience

USA-CA-Los Angeles

Los Angeles office is seeking an experienced estate planning attorney with 6+ years of experience. C...

Apply Now

Litigation Associate Attorney

USA-CA-San Diego

San Diego office of our client seeks litigation associate attorney with 4-5 years of experience. The...

Apply Now

RELEVANT JOBS

Managing Director, Litigation Finance Investments

USA-FL-Tampa

Title                ...

Apply now

Contract Associate

USA-CA-Sausalito

Seeking lawyer with at least 2 yrs experience in complex real estate transactional matters, with wil...

Apply now

Associate

USA-NY-Syracuse

Our Syracuse, NY office seeks an Associate with 3-5 years experience defending general liabilit...

Apply now

ASSOCIATE ATTORNEY

USA-TX-Houston

INSURANCE DEFENSE / TRANSPORTATION LITIGATION Law firm located in North Houston seeking an associ...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top