Ex-lawyer sentenced for stealing from trust funds
Published on -2/19/2013, 4:09 PM
TOPEKA, Kan. (AP) -- A former Topeka lawyer has been sentenced to five years in federal prison for stealing more than $500,000 from his clients' trust funds.
U.S. Attorney Barry Grissom said in a news release Tuesday that 52-year-old Robert M. Telthorst was sentenced for wire fraud and money laundering. He was ordered to repay $537,680.
Telthorst admitted that he defrauded clients from November 2005 to August 2011 by taking money for his benefit and to cover money taken from other clients.
Grissom says one of the clients Telthorst defrauded was a charitable trust of $80,000 for the University of Kansas School of Business. The account balance dropped to less than $1,750 after Telthorst took funds for his own use.