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Lawyer Said to Have Stolen From Own Firm

A grand jury in Boston yesterday indicted former federal prosecutor Philip Giordano on charges that he stole at least $150,000 from a bank account he shared with his former law partners at the now-defunct firm Giordano, Champa & Powers. The Boston Herald quotes the Suffolk County district attorney's office as saying that, between January 2002 and September 2004, Giordano "paid himself thousands of dollars worth of compensation checks" and used a debit card linked to the firm's bank account to withdraw cash and pay for personal expenses.

A 1983 graduate of Syracuse University College of Law, Giordano was a special assistant U.S. attorney in New Jersey handling fraud cases from 1986 to 1991. Earlier, he was staff attorney with the U.S. Securities and Exchange Commission. He now has his own firm focused on corporate and securities law. He is scheduled to be arraigned Jan. 15 in Suffolk Superior Court.

Posted by Robert J. Ambrogi on December 21, 2007 at 04:50 PM | Permalink | Comments (0)

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