Victims in $537k fraud can recover some funds
Associated Press / Topeka Capital-Journal - Sat 02:31 PM 03/02/2013
Victims in a $537k fraud have a chance to recover some money.
The victims of a Topeka lawyer convicted of stealing more than $500,000 from his clients' trust funds can recover some of the money.
Kansas courts spokesman Ron Keefover told The Topeka Capital-Journal that something called the Client Protection Fund will pay up to $350,000 to victims of Robert M. Telthorst. The 52-year-old was sentenced last month to five years in federal prison for wire fraud and money laundering.
He also 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.
U.S. Attorney Barry Grissom said one of the clients Telthorst defrauded was a charitable trust of $80,000 for the University of Kansas School of Business.
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t--bone
Sunday 3 March 2013 02:18 Report this comment
Gee another filler story