A disbarred River North lawyer who allegedly embezzled more than $1 million from at the least 20 aged shoppers and their estates has reached a plea cope with prosecutors.
Jeffrey Schlapp, 59, represented senior residents and their estates in lawsuits towards nursing houses, however he typically reached settlements with out telling his shoppers. Funds from settlements have been deposited into Schlapp’s checking account however weren’t dispersed to victims. He then stored the cash for himself.
The Illinois Supreme Courtroom disbarred Schlapp in late 2017 after regulators mentioned he misappropriated greater than $600,000 from 9 shoppers that he represented in circumstances that accused nursing houses of malpractice, negligence, falls, and loss of life, according to the Cook County Record. The legal fees grew from the regulators’ work.
Schlapp this week pleaded responsible to 1 rely of theft of $500,000 to $1 million in a plea settlement with prosecutors. Decide Diana Kenworthy sentenced Schlapp to 4 years. With 786 days of time served on digital monitoring, he isn’t anticipated to spend any time in jail.
Kenworthy additionally ordered Schlapp to reimburse the Illinois Legal professional Registration and Disciplinary Fee’s shopper safety program for $823,525 that the group paid out to his victims.