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


Related Articles

arrow_forward_ios
Gatsby Enterprises'  Babak Ebrahimzadeh with 25 and 45 Northeast Second Avenue, as well as at 220 Northeast First Street (Loopnet, LinkedIn)
All aboard! Gatsby buys railroad-themed Delray Beach retail plaza for $30M
All aboard! Gatsby buys railroad-themed Delray Beach retail plaza for $30M
G6 Hospitality CEO Rob Palleschi and the Motel 6 at 825 East Dania Beach Boulevard (LinkedIn, Google Maps)
Blackstone sells five South Florida budget hotels for $61M
Blackstone sells five South Florida budget hotels for $61M
From left: BlackRock's Larry Fink and Related Companies' Stephen Ross in front of 360 South Rosemary Avenue in West Palm Beach (Getty Images, LoopNet)
BlackRock lands in West Palm Beach
BlackRock lands in West Palm Beach
Tricera Capita's Ben Mandell with rendering of The Press project (Tricera Capital)
Lease roundup: Tricera scores tenants in West Palm, Boca
Lease roundup: Tricera scores tenants in West Palm, Boca
Mayo Shattuck (top) and Brentwood Associates' Roger Goddu (Capital One Investor Relations, Brentwood Associates, Redfin)
Retired Chicago utility honcho sells renovated Bear’s Club mansion in Jupiter for $15M
Retired Chicago utility honcho sells renovated Bear’s Club mansion in Jupiter for $15M
A photo illustration of Megacenter Palmetto at 8600 Northwest South River Drive in Medley (top left), 401 North Military Trail in West Palm Beach (top right), and Pelican Bays office/warehouse complex at 4990 Southwest 52nd Street in Davie (bottom) (Getty Images, LoopNet, Extra Space Storage)
Industrial rents keep climbing, as vacancies drop in South Florida
Industrial rents keep climbing, as vacancies drop in South Florida
Jennifer Hyland, John Hackett and Pamela Liebman with the new office at 2000 PGA Boulevard in Palm Beach (Corcoran, Getty)
Corcoran opens Palm Beach Gardens office
Corcoran opens Palm Beach Gardens office
Brand Atlantic Real Estate Partners managing partners Andrew Dance and Adam Demark, and renderings of the two buildings at 300 Banyan Boulevard and 111 Olive Avenue (Brand Atlantic Real Estate, Getty)
JV scores $87M construction loan for West Palm Beach office projects
JV scores $87M construction loan for West Palm Beach office projects
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...