Disbarred Attorney Indicted in Connection with Stealing Nearly $900,000 From Elderly Client, Estate, and Trust
Maureen F. Pomeroy, age 44, of Bedford, has been indicted by a Middlesex Grand Jury on the charges of Larceny over $250 from a Person 60 or Older (2 counts), Larceny over $250 and Embezzlement by Fiduciary.
In May 2010, the AG's Office began an investigation into Pomeroy's alleged activities after receiving a complaint from one of her former clients. During the time she practiced as an attorney, Pomeroy specialized in real estate and estate planning, and would routinely draft wills or other financial documents for her clients. One of her clients was an 85 year-old man who had retained Pomeroy's services in order to prepare a will and other estate planning documents for him, and to assist him in obtaining funds from several online bank accounts a relative had set up for him. Authorities allege that from July 2008 through October 2008, Pomeroy stole over $810,000 from this client by securing these funds, but concealing from the client the amount she had received from the accounts, and keeping a portion for herself instead of paying all of the funds to the client. Pomeroy allegedly used these funds for her personal benefit, including paying off her personal loans and credit card balances, and buying cars for herself and a man she was dating.
It is also alleged that she used some of the elderly client's funds to repay two clients from whom she had earlier misappropriated money. During the investigation, authorities allegedly discovered that Pomeroy had defrauded the estate of a Waltham man and the man's son. Allegedly, in October 2007, Pomeroy attended a closing on the sale of the deceased man's home under a power of attorney from the estate's executor, concealed her receipt of over $32,000 of the sale proceeds, and spent those funds for her own benefit. In addition, it is alleged that Pomeroy set up a trust for one of the deceased man's adult sons, who needed assistance in managing his inheritance. Pomeroy, who was trustee for the man, allegedly deposited amounts the man received as his inheritance into bank accounts she set up, but withdrew substantial sums (over and above her fees) from the account for her own benefit from January to June 2008. Allegedly, Pomeroy repaid the estate in September 2008, and also paid over $50,000 from her personal account on the deceased man's son's behalf in October 2008. In each instance she allegedly used funds belonging to the elderly client.
After receiving a complaint from Pomeroy's elderly client, the Massachusetts Office of Bar Counsel began an investigation into Pomeroy's alleged activities. Following Bar Counsel's investigation, a justice of the Supreme Judicial Court ordered Pomeroy's temporary suspension from practice in October 2009. Pomeroy later resigned, and was disbarred in February 2010.
A Middlesex Grand Jury returned indictments against Pomeroy on March 31, 2011. She will be arraigned in Middlesex Superior Court at a later date.
The case is being prosecuted by Assistant Attorney General Molly Parks, Senior Counsel for AG Coakley's Fraud and Financial Crimes Division, and was investigated by Deputy Director of Financial Investigations Sallyann Nelligan and Investigator Taylor Glynn, also of AG Coakley's Financial Investigations Division.
The AG's new Fraud and Financial Crimes Division will focus on cases of fraud and white collar crimes. These cases include: employee embezzlement; thefts by attorneys and investment advisers; tax fraud; mortgage fraud; and other crimes against companies that impact their financial standing.