[images and captions
added by this website] Jewish
WeekFriday, January 7, 2005 Allegations Against
Survivors' Lawyer N.J.
ethics office claiming Fagan misappropriated more
than $400,000 from accounts Stewart Ain - Staff
Writer David
Irving comments: EDWARD Fagan,
everyone's favorite New Jersey shyster
lawyer, is facing ethics charges for
looting over $400,000 from his clients.
Actually, it's alleged he stole that
amount from just two of his elderly female
clients. When we take into
account the fact that he claims to
represent many, many thousands of
"survivors," his ill-gotten gains could be
much, much higher. However disbarment
could put a crimp in his plans to sue
Mother Nature for reparations on behalf of
the tsunami victims. No prizes for guessing
which country mr Fagan has scampered off
to. Related
item on this website:
In
Mein Kampf (1923-1924), Hitler prophesied
that if Israel were ever created in
Palestine, the Jews would use it only as
an non-extraditable safe haven for when
their host countries got too hot for
them Edward
Fagan: Did champion of survivors
betray them? Seen here with mother of a
Soweto apartheid victim he was "helping," Hector Peterson | EDWARD Fagan, the first lawyer to
sue Swiss banks for hoarding the money of Holocaust
victims and who championed survivorsí rights
in insurance and art cases, has been charged by the
New Jersey Office of Attorney Ethics with looting
more than $400,000 from the trust accounts of two
survivors he represented.Disciplinary action ranges
from an admonition to disbarment.'The knowing misappropriation [of funds]
is a disbarable offense,' said John McGill
III, the deputy ethics counsel who is overseeing
the case. McGill said state rules allow his office to
refer cases to law enforcement 'if a crime has been
committed,' and that it would not be necessary to
wait until the complaint process is completed. It
usually takes about a year. McGill said no referral
has been made 'at this point.' Fagan said he had not seen the complaint. 'As
soon as I see the information I will retain counsel
and respond,' he said. When he was interviewed
by McGill's office last year, Fagan was working
from an office in Short Hills, N.J. A secretary
at that office said Tuesday that Fagan has not
worked there for six months. McGill's office sent a certified letter to the
Short Hills office, but it was returned unopened
this week. McGill said the post office provided an
address for Fagan in Morris Plains, N.J., and that
he has sent another certified letter, as well as a
regular letter, to the attorney there. McGill said
he will give Fagan until Feb. 4 to respond. If Fagan has not responded by that date, McGill
said he would send another letter giving Fagan five
days to either respond or be found in default. If Fagan contests the charges, a three-member
panel of the Ethics Committee will hold a hearing.
Its recommendation would be offered to the
nine-member Disciplinary Review Board, whose
decision would then be submitted to the New Jersey
Supreme Court for final action. The allegations against Fagan include that he
deliberately misled the New York State attorney
disciplinary committee when it questioned him about
charges brought by a former client and survivor,
Gizella Weisshaus. She claimed that Fagan
had stolen funds from an escrow account established
in the name of her deceased cousin, Jack
Oestreicher. Weisshaus said she entrusted the funds to Fagan
because the attorney told her that he could get a
higher interest rate on the $82,583 in the
account. The New Jersey complaint alleges that Fagan
withdrew money from that account for matters
'unrelated to the Oestreicher client matter. At the
time [Fagan] invaded the Oestreicher estate
funds -- he knew he lacked the authority to do
so.' When New York
authorities questioned Fagan in June 1998 about
the Oestreicher account, the complaints said
Fagan produced a bank statement from another
account 'as proof that the integrity of the
estate funds had been maintained.' In
fact, the complaint alleges, Fagan (left) showed
state investigators a bank statement from another
trust account he controlled. That account was in
the name of Estelle Sapir, a survivor whose
complaints against Swiss banks led them to settle
with her for $500,000. 'By providing a copy of his Summit trust account
bank statement -- [Fagan] attempted to
deceive the New York disciplinary authorities into
believing that he had maintained the integrity of
the Oestreicher estate funds, knowing that the only
funds in that account at the time were those for
the Sapir matter,' according to the complaint. It is alleged that Fagan then used Sapir's money
'without authority' to pay a court judgment against
the Oestreicher estate. 'From May 18, 1998, the date the Sapir
settlement funds were deposited into
[Fagan's] Summit trust account, to April
15, 1999, the date of Sapir's death,
[Fagan] made 37 disbursements totaling
$302,750 by checks payable to cash and wire
transfers to his Summit business account from
Sapir's funds,' the complaint said.
'[Fagan] made the disbursements -- knowing
that he lacked the authority to do so.' The complaint alleges that other than $1,500
Fagan gave Sapir in June 1998 and $7,300 he
allocated to cover Sapir's funeral expenses, Sapir
systematically looted her account. In the five
months after her death, it is alleged that Fagan
withdrew $124,750 from Sapir's account that was
paid either in cash or to his own business
account.' It is further alleged that in August 1999, in
order to cover the disbursement of $190,000 to
Sapir's relatives when he only had $3,330.94 in the
Sapir account, Fagan borrowed $225,000 from a
former client and friend. A spokeswoman for the Sapir family said she
hopes Fagan 'comes forward and does the right thing
for everyone if there is money owed to any of the
family. This issue brought up
such emotional
distress, and this is only adding to
it.' Weisshaus said Fagan never 'had the right to
switch my money.' She said she initially believed
in him, even working in his office for eight months
without pay because 'I thought he was working for
us.' McGill said any action taken against Fagan would
be forwarded to New York State authorities, whose
First Department Departmental Disciplinary
Committee would then be expected to submit the
decision to the Appellate Division for its
consideration. ...
on this website about Ed Fagan -
Holocaust
victims' lawyer Ed Fagan cited for malpractice
in $3.2 million judgment for Brooklyn
man
-
Prominent
Holocaust Claims Lawyer Accused of Neglecting
Clients
-
Lawyer in
Holocaust Case Faces Litany of
Complaints
-
Lawsuit Filed
by Fagan Over Artwork Looted By Nazis
-
...
on this website about another who dined out on the
Holocaust, prosecutor Neal Sher -
Ex
OSI chief Neal Sher, caught with hand in till,
was sacked from Holocaust Commission: The
Forward
-
Holocaust
Museum and OSI chieftain Neal Sher dismissed
from DC Bar for thieving (Eagleburger pleaded to
let him off)
-
Peter
Worthington (Toronto Sun) applauds as OSI
Nazi-hunter Neal Sher is Disbarred for Fraud and
thieving
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