Missing attorney accused of fraud turns himself in

Miami /
Jun.June 21, 2013 12:00 PM

A Palm Beach County attorney who vanished in April along with an alleged $3 million and $8 million in client escrow funds turned himself in to the feds, the ABA Journal reported.

Timothy McCabe, in charge of the Lake Worth office of McCabe & Samiljan, was charged this week with bank and wire fraud in a federal criminal complaint concerning money taken from his law firm and its title company’s accounts, the Sun-Sentinel reported. McCabe is also facing at least four lawsuits, according to the Journal.

Broward County residents George and Lori Miguel accuse McCabe, 55, of swindling $72,000 from a trust account to pay off a $388,334 mortgage for his Boca Raton home.

The couple claims they also lost a $40,000 deposit on a home they intended to buy but were not able to close on without the trust account money, as The Real Deal previously reported.

McCabe’s law partner said he had no knowledge of any wrongdoing at the time and is cooperating with authorities. [ABA Journal]Emily Schmall


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