NJ Atty Suspended For Unfairly Borrowing From Elderly Client
By Alex Wolf (December 17, 2015, 4:11 PM EST) -- The New Jersey Supreme Court on Wednesday suspended an attorney who borrowed nearly $90,000 from an "elderly, unsophisticated client" using an unsecured loan agreement for one year, enhancing his punishment from a recommended three months "to protect the public and guard against elder abuse by lawyers."
In a unanimous decision, New Jersey's high court suspended Hasbrouck Heights attorney William J. Torre from the practice of law for one year, due to the "substantial harm" he caused to an 86-year-old client who loaned him approximately 70 percent of her life savings under "sparse and unfair terms" drawn up by Torre, without discussing...
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