A former estates attorney pled guilty today to bilking his clients of hundreds of thousands of dollars, federal prosecutors announced.
Gomer “Tom” Williams III, 54, a former attorney who was disbarred in 2012 for misconduct, was first charged in January with stealing $503,361 from his clients, at one point allegedly stealing money to pay his own mortgage.
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Williams pled guilty today to one count of wire fraud and upon sentencing could face 33 to 41 months in prison and fines.
Williams, formerly an attorney with Spector Gadon & Rosen, defrauded four of his trust and estate clients by diverting funds from their accounts to his personal accounts and overbilling the clients for work that did not occur.
Williams, as attorney, was the trustee of his clients’ trusts, and the administrator or executor his clients' estates.
As such, he controlled the clients' funds and checking accounts and was able to transfer funds from their accounts to his own or to pay his personal expenses, prosecutors said.
The illegal activities occurred between 2007 to 2012.
The misconduct for which Williams was disbarred was not listed in public court documents.
Sentencing is scheduled June 23.