A former estate planning attorney that is facing an extensive 33-count Federal indictment will likely face prison time after making a plea agreement to five of those counts. Sarah E.K. Laux faces allegations that she took advantage of elderly clients that came to her for estate planning and trust services. Federal investigators got involved in this case when allegations surfaced that she had stolen up to $3 million from two wealthy clients. More lawsuits and investigations followed leading to the current plea bargain agreements. “Laux will plead guilty to five of the 33 counts in the indictment, one each of bank fraud, mail fraud, wire fraud, money laundering and filing a false tax return.” Prosecutors are agreeing to a below the guidelines sentence provided that Laux reveals everything she stoles and assists them with recovering the lost assets.
See Bruce Vielmetti, Estate planning lawyer facing prison in fraud plea deal, Milwaukee-Wisconsin Journal Sentinel, September 27, 2015.
