Saturday, April 25, 2009

Disbarred Boca Raton lawyer faces up to 30 years in prison

South Florida Sun-Sentinel

2:39 PM EDT, April 24, 2009

A disbarred Boca Raton lawyer has pleaded guilty to misappropriating about $1.2 million from clients' funds, prosecutors said.

Richard Bagdasarian pleaded guilty to organized scheming to defraud and is facing up to 30 years in prison when he is sentenced June 5.

Prosecutors said he took the money for his personal use betwenn November 2002 and September 2007.

Bagdasarian's law license has been revoked by the Florida Bar and he was ordered to reimburse the victims, according to prosecutors.

Bagdasarian, 53, had his own practice at 1800 NW Corporate Blvd., and first came under Boca Raton police radar when someone filed a complaint in July 2007. Detectives said he admitted to defrauding 41 clients.

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