- 14 - totaling $25,296 that he had endorsed to her to reimburse her. Edgar deposited those checks in her account on June 17, 1997. On August 22, 1997, Edgar wrote a check to petitioner in the amount of $6,210. On August 27, 1997, a $6,310 American Savings Bank cashier’s check payable to petitioner was deposited in Edgar’s account instead of petitioner’s business account. b. Askew Legal Fees In 1997, a client, Mr. Askew (Askew), owed a substantial amount of legal fees to petitioner. When Askew filed for bankruptcy, Sieveke filed a claim in bankruptcy court for petitioner for unpaid attorney’s fees. Sieveke collected $14,704.67 from Askew and, on August 22, 1997, deposited those funds in Sieveke’s client trust account. Instead of depositing the $14,704.67 in the law firm’s business account, on petitioner’s instructions: (a) Sieveke wrote checks to the IRS for $10,000 and to the Franchise Tax Board for $3,000 to pay petitioner’s personal taxes, and (b) Sieveke paid the $1,704.67 balance to Edgar. c. Other Legal Fees Paid to Petitioner and Not Deposited in the Business Account In 1998, petitioner collected fees totaling $135,421.64 ($100,000 + $22,000 + $13,421.64) from former clients Donald Arnett (Arnett), Angela Chen (Chen), and Brian Markam (Markam). None of these amounts were deposited in petitioner’s businessPage: Previous 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Next
Last modified: May 25, 2011