Las Vegas Bankruptcy Lawyer Misunderstands Role
What is it about bankruptcy lawyers that makes them want to take money from clients and then cease practicing? Last month, we told you about a lawyer in Wisconsin who was disbarred based on complaints from 10 clients who paid him a retainer only to have him essentially drop off the face of the Earth.
It seems an attorney in Las Vegas has pulled something similar, on an even grander scale. According to the Wild, Wild Law blog and the Las Vegas Review-Journal, Jorge Sanchez has filed 669 cases in bankruptcy court since August 2008. He remains listed as counsel of record on at least 400 of them, but nevertheless decided to "abruptly shut down his office."
Perhaps that's because he has admitted that, despite accepting retainers of between $1,500 and $2,500 from each of his clients, he's flat broke, and can't refund any of that money. Wait, how much cash did this guy steal and blow? WWL has done the math for you:
Let's see: 669 * ($1,500 + $2,500)/2 = $1,338,000.
Impressive, Jorge. Unlike Scott Fisher in Wisconsin, though, it appears Sanchez wasn't even smart enough to flee the country. Rather, he hired a lawyer, and consented to his license being suspended. Hope his lawyer got paid in advance ...
Posted by Eric Lipman on July 1, 2010 at 02:19 PM
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