Tuesday, December 20, 2011

Vann Leonard indicted.

A grand jury indicted former attorney Vann Leonard today for one count of embezzlement in the Downing estate.

Mr. Leonard currently resides in the Rankin County jail, courtesy of Judge Grant. The Chancellor imprisoned Mr. Leonard after he found him in contempt of court. An earlier JJ post reported the alleged embezzlement:

"Local attorney Vann Leonard is currently incarcerated in the Rankin County jail after a judge found him in contempt of court on May 5, 2011. Mr. Leonard was the attorney for the executrix of the estate of Bobbie Downing. Mr. Downing owned several properties. One property was sold after his death and the court permitted $111,925 to be placed in Mr. Leonard's trust account to satisfy expenses. Heir Samuel Downing asked for an accounting of the estate and the monies placed with Mr. Leonard. Mr. Downing filed a motion October 8, 2010 to compel an accounting of the estate. Mr. Downing pointed out Bobbie Downing died in 2005 and the estate still had not been inventoried due to the failure of the executrix and Vann Leonard to provide any information about the funds and accounts in their possession. The parties agreed to an order on December 10 to provide the accounting within thirty days (File is posted below.).

Well, what do you know but here comes Vann Leonard on January 4, 2011 with the "dog ate my homework" excuse. Mr. Leonard you see, would have loved to provide the accounting of the funds. He really wanted to help the court. The only problem is "On December 26, 2010, he discovered that his computer would not "start up" correctly, nor would it allow him to retrieve files recently stored on said computer." He even provided an affidavit from a techie signed on December 31, 2010 stating such was the case. Mr. Leonard asked for an extension to January 25, 2011.

April 15 rolled around and there was still no accounting by Mr. Leonard of the money deposited in his trust account. Mr. Downing filed a petition for an emergency hearing and temporary restraining order on April 15, 2011 (page 14 of the linked file). Mr. Downing argued the money was "in jeapordy of being stolen" after he learned of Mr. Leonard's conviction for embezzlement in the Shirley Douglas bankruptcy case and the lawsuit accusing him of embezzling proceeds from a life insurance policey meant for a widow in Madison County (I can't imagine how they found out about any of these events.). Mr. Downing asked for an immediate accounting, a return of all monies by Mr. Leonard, and a freezing of the estate's assets.

Mr. Leonard was notified of the hearing by telephone, fax, and email. The court granted the request on April 15 and froze all trust/escrow accounts of Mr. Leonard. Mr. Downing then filed a motion for contempt against Mr. Leonard on April 21. The motion accused Mr. Leonard of failing to comply with the order and that at a hearing on April 18 removing him as counsel for the executrix, he "would not provide any information regarding the subject funds or his trust account." The executrix also stated Mr. Leonard had not returned to her any documents about the estate. Mr. Downing asked the court to imprison Mr. Leonard and freeze his assets.

The court found Mr. Leonard in contempt of court and ordered his immediate incarceration in the Rankin County jail. The court decreed he will not be released until he pays the $111,925 to the court, provides all documents provided to him by the estate, and pays Mr. Downing $1,500 for attorney's fees. The court also froze all of his assets. This correspondent confirmed yesterday afternoon in a visit to the jail Mr. Leonard is still imprisoned."

Mr. Leonard was convicted of one count of embezzlement in federal court earlier this year after he absconded with $327,000 of a client's settlement that was supposed to be deposited with the bankruptcy court. It will not surprise this correspondent if more indictments are forthcoming. The Mississippi Bar has revoked his license to practice law and seized his files.



6 comments:

Anonymous said...

Justice sure moves slowly, but I am glad that it is finally moving. Great work on this story! I wonder if the CL will run anything about this indictment? Don't worry...I'm not holding my breath!

Anonymous said...

Not a happy holiday season for the esq. Maybe someone will give him 'King of Torts' for his reading pleasure while incarcerated.

Anonymous said...

"tulips"?

Anonymous said...

What Vann did, he did. REMEMBER, there is a family he betrayed. He deserves what he gets, but his family is the one should be in our prayers!!! They are in MINE!
TIS SEASON TO BE JOLLY!

Anonymous said...

Maybe someone will give him 'King of Torts' for his reading pleasure while incarcerated.

How long will that coffee table book last him? Couple trips to the dumper?

Anonymous said...

Hmm - sounds like the Mississippi Bar fixed that pesky "start up" problem for him and found his files ;-)



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If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!

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