Former Greenberg Associate Admits To $500K Theft

Law360, New York (October 20, 2010, 1:04 PM EDT) -- A former Greenberg Traurig LLP associate who specialized in bankruptcy and commercial foreclosure pled guilty Wednesday to federal charges related to a scheme to steal more than $500,000 from the firm.

Michael Shaw, 37, was charged with one count of bank fraud in the U.S. District Court for the Northern District of Georgia and faces up to 30 years in prison and a fine of up $250,000. Sentencing is scheduled for Jan. 5, the U.S. Attorney's Office said.

“As a lawyer, Shaw had a duty to...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.