Judge: Attorney misappropriated $3.5 million from elderly doctor
A State Bar Court hearing judge has recommended disbarment for a San Francisco Bay Area attorney found to have committed what was the single largest misappropriation in the Office of Chief Trial Counsel’s recent memory.
State Bar Court Judge Lucy Armendariz found Wade Anthony Robertson culpable of four counts of misconduct for a phony investment scheme in which he misappropriated $3.5 million from an elderly man. The disbarment must be approved by the California Supreme Court before it goes into effect. Meanwhile, Armendariz ordered Robertson enrolled involuntarily inactive.
In her Sept. 4 decision, Judge Armendariz found Robertson [bar # 217899], 45, of Stanford, culpable of moral turpitude by engaging in a scheme to defraud, misrepresentation, misappropriation and of abusing the legal process. Armendariz also noted that Robertson has shown no remorse for his behavior, that he failed to admit any wrongdoing and that his misconduct occurred less than three years after he was admitted to practice law.