Lawyer Who Plundered Millions From Estates Gets Prison Time
Thomas Lagan, one of two lawyers who took part in a nearly $9 million scheme that victimized the elderly, has been sentenced to four to 12 years in prison, the New York state attorney general’s office announced.
Lagan and fellow lawyer and co-defendant Richard Sherwood were charged with stealing almost $10 million from family trusts they were responsible for overseeing, reports the Albany Times Union.
Lagan, 60, pleaded guilty to first-degree grand larceny in state court in Albany. He pleaded guilty to federal charges in August.
Sherwood, who has pleaded guilty, awaits sentencing.