find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Insurance Lawyer (3-5 PAE)
Category: Insurance and Superannuation Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Dynamic organisation ·
View details
Legal Counsel
Category: Corporate and Commercial Law | Location: North Sydney NSW 2060
· 18 month fixed term contract · 3-5 years PQE with TMT exposure
View details
QLS closes solicitor’s practice

QLS closes solicitor’s practice

RESPONDING TO fraud and misappropriation discoveries on the Gold Coast, the Queensland Law Society has closed down a solicitor’s practice and begun the arduous process of identifying all…

RESPONDING TO fraud and misappropriation discoveries on the Gold Coast, the Queensland Law Society has closed down a solicitor’s practice and begun the arduous process of identifying all potentially affected clients.

The closure followed admissions by the solicitor that he had forged his clients’ signatures on mortgages, borrowed money against the security of clients’ properties without their knowledge or consent and taken the money for his own use as well as misappropriating money received for stamp duty payments.

The practising certificate of the solicitor was cancelled and his practice at Bundall on the Gold Coast was placed into receivership following his admissions.

Society president Glenn Ferguson said the society is now undertaking a comprehensive audit of the man’s seized records to identify the scope of his “shocking” fraud and theft, and stated that at this point it seemed as though at least $550,000 was missing. “Our auditors are combing through [the man’s] files and this initial amount will undoubtedly rise,” he said.

Acknowledging the potential effect on the solicitor’s clients, the society is now appealing to those who may have been affected by the fraud so that they might be reassured that they are protected. “I want to assure all of [the solicitor’s] former clients that their legitimate interests will be protected by the Fidelity Guarantee Fund, which is funded by all solicitors to provide this protection and no legitimate loss will be refused, Ferguson said.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

QLS closes solicitor’s practice
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
LCA president Fiona McLeod SC
Aug 17 2017
Where social fault lines meet the justice gap in Aus
After just returning from a tour of the Northern Territory, LCA president Fiona McLeod SC speaks wit...
Marriage equality flag
Aug 17 2017
ALHR backs High Court challenge to marriage equality postal vote
Australian Lawyers for Human Rights (ALHR) has voiced its support for a constitutional challenge to ...
Give advice
Aug 17 2017
A-G issues advice on judiciary’s public presence
Commonwealth Attorney-General George Brandis QC has offered his advice on the public presence of jud...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...