IBJNews

Former Indy attorney sentenced for theft from estate

Back to TopCommentsE-mailPrintBookmark and Share

Former Indianapolis attorney David F. Rees has been sentenced to four years of home detention and two years of probation after pleading guilty to stealing more than $270,000 from an estate that he was charged with managing.

Rees, 73, drafted the will and served as executor for the estate of the late Benjamin Roberts. Eight years after Roberts' death, $400,000 turned up missing, and Rees acknowledged diverting $270,549 to his own bank account.

Rees pleaded guilty to Class C felony theft and Class D obstruction of justice related to a final accounting of the estate, which he filed in January 2012, indicating all the money was still there.

He has been ordered to pay $270,000 in restitution.

The Indiana Supreme Court accepted Rees' resignation from the bar in January.

“Mr. Rees abused the position of trust he was given by the Roberts family, stealing from the very account he was obligated to protect,” Prosecutor Terry Curry said in a prepared statement. “As attorneys, we are bound by our oath to support the rule of law in every respect. We will accordingly vigorously prosecute those attorneys who have not only failed to uphold that standard, but have engaged in criminal conduct.”
 
 

ADVERTISEMENT

  • Disgusting
    We hear about and see crimes in news and entertainment that play up physical confrontation and assault. Very little is said about crimes that are committed by those who are appointed to positions of power and/or trust, who then abuse that position. Few crimes are more disgusting, more devious, and more sociopathic than taking advantage of an elderly person. Not only has this individual pleaded guilty to stealing from an elderly person, he did it by convincing that person that he would handle his affairs in an appropriate way. He then completely abandoned his fiduciary duties and acted in his own self-interest. Shame on you, Mr. Rees.

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. A Tilted Kilt at a water park themed hotel? Who planned that one? I guess the Dad's need something to do while the kids are on the water slides.

  2. Don't come down on the fair for offering drinks. This is a craft and certainly one that belongs in agriculture due to ingredients. And for those worrying about how much you can drink. I'm sure it's more to do with liability than anything else. They don't want people suing for being over served. If you want a buzz, do a little pre-drinking before you go.

  3. I don't drink but go into this "controlled area" so my friend can drink. They have their 3 drink limit and then I give my friend my 3 drink limit. How is the fair going to control this very likely situation????

  4. I feel the conditions of the alcohol sales are a bit heavy handed, but you need to realize this is the first year in quite some time that beer & wine will be sold at the fair. They're starting off slowly to get a gauge on how it will perform this year - I would assume if everything goes fine that they relax some of the limits in the next year or couple of years. That said, I think requiring the consumption of alcohol to only occur in the beer tent is a bit much. That is going to be an awkward situation for those with minors - "Honey, I'm getting a beer... Ok, sure go ahead... Alright see you in just a min- half an hour."

  5. This might be an effort on the part of the State Fair Board to manage the risk until they get a better feel for it. However, the blanket notion that alcohol should not be served at "family oriented" events is perhaps an oversimplification. and not too realistic. For 15 years, I was a volunteer at the Indianapolis Air Show, which was as family oriented an event as it gets. We sold beer donated by Monarch Beverage Company and served by licensed and trained employees of United Package Liquors who were unpaid volunteers. And where did that money go? To central Indiana children's charities, including Riley Hospital for Children! It's all about managing the risk.

ADVERTISEMENT