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Local attorney charged with defrauding clients of $2.5M

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An Indianapolis attorney has been charged with misappropriating more than $2 million from his clients.

William F. Conour, 64, turned himself in to federal authorities Friday morning and made his initial appearance before U.S. Magistrate Judge Debra McVicker Lynch in Indianapolis. He’s been charged with wire fraud based on an Oct. 6, 2011, transmission by wire communication through a fax from Indianapolis to Zurich American Insurance in New Jersey.

According to the criminal complaint, Conour is accused of engaging in a scheme from December 2000 to March 2012 to defraud his clients, using money obtained from new settlement funds to pay for old settlements and debts. He allegedly kept most of his clients’ settlement proceeds for his own use. In one case, Conour didn’t tell a client that a settlement had been accepted, and Conour accepted the money on the client’s behalf. That client has not received any of the settlement proceeds.

The Indianapolis Division of the FBI received information July 2011 that Conour may be misappropriating his clients’ funds through the creation of trust accounts with an Ohio bank. According to the complaint, he has at least 14 client trusts with this bank. Conour did not deposit all the settlement funds with the bank, and instead funded the trusts on a yearly basis with funds only sufficient enough to enable the bank to issue monthly checks to the clients for a year.

Conour, who focuses his practice on construction liability cases involving serious injury and death, has practiced law under firm names including Conour Law Firm; Conour Daly; Conour Doehrman; Conour Devereux; and Conour Devereux Hammond.

He was released on his own recognizance with conditions, including that he can’t sell, transfer, encumber or otherwise dispose of his personal or business assets without court approval. If convicted, Conour faces up to 20 years in prison and up to a $250,000 fine.

According to the Indiana Roll of Attorneys, he was admitted in 1974 and has no disciplinary history.

The U.S. District Court for the Southern District of Indiana has been recused in the matter. The U.S. Attorney General appointed the Central District of Illinois to handle the prosecution.

Anyone who is believed to be a victim of the alleged criminal conduct of Conour is encouraged to contact the FBI at 1-877-542-8979.

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  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

  4. Send them back NOW.

  5. deport now

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