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Lawyer Investigated for Alleged Fraud
posted 12/29/08
2:19 pm
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The investigation into the actions of Terry Lynn Smith began after a Lockesburg couple reported losing more than $500,000 that they had given Smith to invest.
Wannell Bradshaw sued Smith in 2007 and won a $554,000 default judgment against him, plus interest and attorney's fees.
After reviewing the allegation, the Arkansas Supreme Court Committee on Professional Conduct suspended Smith as an attorney for three years. Smith must also "show his good-faith effort" to satisfy the $554,103.55, plus interest.
The Supreme Court committee asked prosecutors to investigate, and it's since been turned over to state police. The investigation is continuing.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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Latest Comments on "Lawyer Investigated for Alleged Fraud"
posted by: JUSTICE 4 ALL on 7:55 pm on 12/30/08
rogergreenway wrote:
But judges and lawyers and district attorneys they take care of there own.
But judges and lawyers and district attorneys they take care of there own.
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