Disgraced attorney Tom Girardi indicted for allegedly embezzling more than $15M from clients

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Disgraced attorney Tom Girardi indicted for allegedly embezzling more than $15M from clients

Tom Giradi, a disgraced Los Angeles attorney and estranged husband of Real Housewives of Beverly Hills, Erika Jayne, was on Wednesday, February 1, indicted by a grand jury for allegedly embezzling more than $15 million from his clients.

The Department of Justice said Giradi who is the co-founder of the defunct Los Angeles law firm ?Girardi Keese?, will now be charged with five counts of wire fraud which carries a maximum sentence of 20 years in federal prison. Girardi and Christopher Kazuo Kamon, the former controller and chief financial officer of the law firm Girardi Keese, are accused of lying to their clients in order to misappropriate settlement funds.

Disgraced attorney Tom Girardi indicted for allegedly embezzling more than $15M from clients

The attorney and his former CFO allegedly used the clients? winnings to fund payroll, other clients? settlement funds that had previously been misappropriated and personal expenses.

The DOJ detailed how Girardi and Kamon, 49, allegedly pulled off their crimes, noting that the pair would tell their duped clients that there were certain requirements they had to meet in order to access their money.

Among those obstacles were claims that clients had to eliminate purported tax obligations, obtain authorizations from judges and satisfy medical liens and other debts.