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Former Indy attorney sentenced for theft from estate

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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.”
 
 

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  • 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.

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