A Vancouver real estate lawyer who admitted to misappropriating more than $8 million from client trust funds to feed his gambling addiction has been banned from practising law for seven years.
Russell Sean McDonough signed a consent agreement with the Law Society of B.C. last week, admitting to professional misconduct in 34 instances of misappropriation over about 22 months, according to a summary posted online.
It says McDonough admitted he started taking the money from his clients beginning in 2021 after amassing a substantial amount of debt from gambling and exhausting all of his credit sources.
He said he would issue trust cheques
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