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September 19, 2006
Update: Lawyer wanted for embezzling trusts turns self in
A lawyer wanted on charges of embezzling close to $400,000 from the estates of four individuals turned himself in today and pleaded not guilty when he was arraigned in Washington County Superior Court.
William J. Craven, 67, of 1999 Eagle Mill Rd. in Ashland, Ore., flew in from Oregon this morning, according to Michael J. Healey, spokesman for the state Attorney General’s Ofice.
Craven was indicted Aug. 28 by a statewide grand jury on charges that he embezzled money several times between 1999 and 2004. A Superior Court arrest warrant for Craven was issued that day, Healey said.
Craven, a trusts and estates lawyer who lived in Westerly at the time, is charged with embezzling the money from four different trust funds, Healey said. Craven handled the legal work of setting up the trusts and estates of the four alleged victims.
The victims are as follows: The Maurice J. Longo Sr. Trust, the estate of Anthony Swass, Michael and Linda Trombino and Kevin Haggerty.
Craven’s attorney picked him up at the airport this morning and drove him to Washington County Superior Court, Healey said.
Superior Court Judge Stephen P. Nugent imposed a $50,000 surety bail, which meant that Craven had to either post $5,000 in cash or post the full amount in the form of property or a cash bond.
He did not post bail this morning and is now being processed by state police at the Adult Correctional Institutions in Cranston.
The judge also rejected Craven’s request for permission to travel if he does post bail. Craven agreed to surrender his passport and agreed to sign a waiver of extradition if he makes bail, Healey said.
Posted by Kate Bramson
at 2:31 PM | Permalink
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