Ex-Crowell Atty Admits To Stealing $10M From Clients

Law360, New York (October 2, 2012, 10:30 PM EDT) -- Former Crowell & Moring LLP attorney Douglas Arntsen has pled guilty to embezzling more than $10 million from two former corporate clients of the firm, which authorities say was used to prop up his lavish lifestyle, Manhattan District Attorney Cyrus R. Vance Jr. said Tuesday.

Arntsen, 34, copped to three counts of grand larceny in the first degree and one count of scheme to defraud in the first degree, according to Vance’s office. He is due to be sentenced Oct. 17.

“The trust between attorney and...
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