A judge last week approved an order clearing the way for Indiana University to transfer $450,000 to a federal court restitution fund for victims of former personal-injury and wrongful-death attorney William Conour.
The order, signed Thursday by Chief Judge Richard Young of the U.S. District Court for the Southern District of Indiana, enables the university to fulfill its pledge to transfer money that Conour donated to the law school in Indianapolis in 2008.
“Indiana University and Indiana University Foundation wish to return the (funds) for use in the payment of restitution in this case,” Young wrote, noting the institutions “requested that the court enter an order authorizing them to deposit $450,000 with the Clerk of the U.S. District Court to be used for funding the payment of restitution to the victims in this case.”
I.U. announced when Conour pleaded guilty to a wire fraud charge that it would rescind the gift and use the money for victim restitution. The Indiana University Robert H. McKinney School of Law also excised the honorary naming of the William and Jennifer Conour Atrium.
Conour pleaded guilty July 15 to government charges that he defrauded at least 25 clients of more than $4.5 million he received in negotiated settlements. He entered a plea a short time after he was jailed in June for dissipating assets in violation of terms of bond.
Conour since has been held in the Marion County Jail, though he has asked Young to release him pending sentencing. Young has taken no action on the request.