NEW YORK – A 68-year-old -disbarred attorney from Hopewell Junction was indicted and arrested on Monday for allegedly embezzling over $450,000 from several incapacitated and vulnerable clients.
After being appointed as a guardian and trustee for his clients, John Ferdinand Murphy, III allegedly drained their trust accounts by issuing checks to himself, his company Samron Resources, LLC, and his own family members.
Murphy was charged with five counts of grand larceny and one count of scheme to defraud for the thefts he allegedly committed from June 26, 2015 to December 29, 2021.
Murphy was suspended from practicing law in August 2021 and disbarred in December 2021.
He was arraigned on Monday before Judge Edward McLoughlin and released with electronic monitoring.
Attorney General Tish James said assisting in the investigation were the State Police Financial Crimes Unit, Dutchess County District Attorney’s Office, Office of Court Administration Inspector General, and the New York City Justice Center for Assistance.