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Criminal

Jan. 15, 2010

Lawyer Admits Misusing Settlement

A former Irvine attorney who squandered nearly all of a $2.7 million settlement he won for his class action plaintiffs pleaded guilty Thursday to two federal felony charges for illegally investing the money in stocks-and losing it.

By Ciaran McEvoy

Daily Journal Staff Writer

LOS ANGELES - A former Irvine attorney who squandered nearly all of a $2.7 million settlement he won for his class action plaintiffs pleaded guilty Thursday to two federal felony charges for illegally investing the money into stocks and losing it.

Sandeep Baweja, 39, pleaded guilty to one count of wire fraud and one count of obstruction of justice in a hearing before U.S. District Jud...

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