September 2, 2014
Lawyer from Sumerduck indicted for embezzlement
A lawyer who lives in Sumerduck faces seven felony charges for allegedly stealing funds from clients.
A special grand jury Friday indicted Lorenzo Lee Bean III, who left the Fauquier jail on a $50,000 bond the same day.
A Fauquier County Circuit Court special grand jury on Friday indicted Lorenzo Lee Bean III on six counts of embezzlement and one count of money laundering.
Virginia State Police arrested Mr. Bean, 61, released later the same day from the Fauquier jail on a $50,000 bond.
The state police Bureau of Criminal Investigations field office in Culpeper launched an investigation of allegations against Mr. Bean in March, Sgt. Les Tyler said.
Working with the Fauquier sheriff’s office, state police investigators developed the case that Deputy Commonwealth’s Attorney Jamey Cook presented to the special grand jury Aug. 29.
Details of the allegations remained unavailable early Tuesday afternoon.
Mr. Bean, of 5407 Sumerduck Road, has a law office in Sterling.
In 2009, a Virginia State Bar three-judge panel reprimanded Mr. Bean for failing to properly handle $60,000 a client paid him to represent her in an Internal Revenue Service matter. The lawyer deposited those funds into a personal account rather than an escrow account, on which he could have drawn money after providing services, according to the order (below).
Bean_05-28-09 by Fauquier Now
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Lippy · September 3, 2014 at 10:28 am
Lawyers co-mingling funds is a common event. They warn about it in law school but to no avail. This case must have involved a lot of money to bring 7 felony charges.
BigFestiveSteve · September 2, 2014 at 9:47 pm
Freedom Warrior wins the internet for today
Freedom warrior · September 2, 2014 at 9:20 pm
A shame really. L.L. Bean made some great clothes and shoes. If guilty of these crimes, what will the spring 2015 catalogue look like? Orange prison jumpsuits? Maybe "trustee" will be available in a variety of colors on the back. Maybe in in sequins too. I would like to see some sensible but rugged prison slippers too. Something that feels good on a hard floor, yet with a sole that could easily be melted down into a shiv if rioting occurs.
nova_gjones · September 2, 2014 at 6:26 pm
Embezzlement is easy to trace and convict. Yet they all think they can get away with it... Go figure.
Tell It Like It Is · September 2, 2014 at 4:59 pm
Here we go again. Lets some stiffer penalties for white collar crime. Try some middle-eastern methods like cutting off a finger or a hand even.
Bet that will make'm think a little harder before sticking a hand in cookie jar!!
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