Attorney pleads guilty to stealing from clients

MEMPHIS, Tenn. (AP) -- A disbarred Memphis attorney has pleaded guilty to stealing more than $1 million from client trust accounts.

The Commercial Appeal reports 71-year-old David J. Johnson, who had been licenses as a real estate attorney since 1969, was disbarred last year. He was temporarily suspended in 2009 for misconduct.

Federal authorities say Johnson stole from client trust funds and used the money to make loans or to invest in personal business interests. In some cases, they say he stole money from one client to replace money he took from another.

Prosecutors say Johnson defrauded clients of an estimated $1.2 million, but that for sentencing purposes the amount involved ranges between $1 million and $2.5 million.

His plea agreement includes making restitution to those who suffered losses in the scheme.


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to webmaster@wvlt-tv.com. Please provide detailed information.

powered by Disqus

WVLT VOLUNTEER TV

6450 Papermill Drive Knoxville, TN 37919 Phone - (865) 450-8888; Fax - (865) 450-8869
Gray Television, Inc. - Copyright © 2014 WVLT-TV Inc. - Designed by Gray Digital Media - Powered by Clickability 166562236 - local8now.com/a?a=166562236