White-Collar Crime

Disbarred NC Lawyer Is Federally Charged re Alleged $857K Embezzlement from Law Firm Trust Account

A North Carolina attorney who was disbarred by consent last year after admittedly misappropriating trust funds is now facing federal charges.

Samuel Neill is charged with fraud and making false statements, reports the Times-News. He is accused of improperly using trust account money to fund personal expenses, law firm expenses and other costs and failing to report embezzled money as income on his 2008 tax return.

In addition to embezzling from his law firm trust account, he is also accused of taking money from an estate trust account to fund law firm operations, according to the article.

Neill was expected to be arraigned Monday in U.S. District Court in Asheville, but the article doesn’t say what happened in court. It doesn’t include any comment from Neill or his counsel.

Earlier coverage:

Times-News: “Attorney disbarred; money for nonprofits misappropriated”

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