Lawyer Who Pleaded Guilty to Embezzlement Disbarred
An in-house attorney who pleaded guilty to embezzling $2.6 million from his home health care employer was disbarred Tuesday by the Appellate Division, First Department.
Over a four-year period, Matthew Neugeboren had his New Jersey-based company put funds into his attorney trust account to reimburse expenses. He overstated the expenses and used the excess amounts to fund his gambling addiction, the panel said.
Neugeboren pleaded guilty in 2015 to federal felony counts of wire fraud and filing a false tax return.
According to local news website NJ.com, Neugeboren was sentenced to 18 months in prison by U.S. District Judge Mary Cooper in February, and ordered to pay restitution of $1.4 million—the amount he was unable to return to the company—and back taxes of $474,000.
The New Jersey U.S. Attorney's Office sought a prison sentence of 3 1/2 to 4 1/2 years, plus a $500,000 fine.
At his sentencing, Neugeboren sought no jail time, saying he was in treatment for his 20-year gambling addiction.
According to the Federal Bureau of Prisons, Neugeboren, 40, is currently incarcerated at a medium-security prison in Cumberland, Maryland.
Neugeboren, admitted in New York in 2003, did not appear before the disciplinary committee to contest the disbarment, and failed to notify the committee of his felony conviction, as required by Judiciary Law, the panel noted.
Justices David Friedman, John Sweeny Jr., David Saxe, Sallie Manzanet-Daniels and Judith Gische joined in the ruling in In the Matter of Matthew S. Neugeboren, M-6257.
Raymond Vallejo represented the grievance committee.
Neugeboren, a graduate of New York Law School, is shown on New Jersey's attorney registration website as suspended.
Read more: http://www.newyorklawjournal.com/id=1202757406214/Lawyer-Who-Pleaded-Guilty-to-Embezzlement-Disbarred#ixzz48R6Qg919
Posted
Oklahoma briefs
GAMBLING ADDICTION
Moore women must repay nearly $500,000
OKLAHOMA CITY (TNS) — An admitted problem gambler who paid for her addiction by embezzling funds belonging to the city of Oklahoma City was ordered Monday to pay nearly $500,000 in restitution.
“The addiction was strong,” Renne M. Magerus of Moore told an Oklahoma City federal judge during the sentencing.
“What were you thinking?” U.S. District Judge David L. Russell asked her at one point.
“I wasn’t thinking,” Magerus replied, “(I was) covering up my gambling addiction.”
Prosecutors alleged that while Magerus was employed as an accounting manager for Republic Parking System she embezzled nearly $420,000.
Republic Parking System manages downtown parking garages and lots for the Central Oklahoma Transportation and Parking Authority.
Part of Magerus’ responsibilities included handling and verifying cash and credit card receipts collected on a daily basis at each parking facility managed by Republic Parking System.
The embezzlement began in April 2012 and continued through November 2014, prosecutors said. Republic Parking System hired Magerus in 2000 as a bookkeeper and later promoted her to accounting manager.
— The Oklahoman
- See more at: http://examiner-enterprise.com/news/state/oklahoma-briefs-31#sthash.CPslQbSt.dpuf
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