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Bloomington attorney enters into plea agreement

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A jury trial set for this week for a Monroe County attorney accused of stealing money from clients has been cancelled because a plea agreement has been reached.

Philip H. Chamberlain was charged in 2008 with two counts of fraudulent sale of securities, one count of forgery, one count of sale of unregistered securities, and one count of unregistered investment advisor, all as Class C felonies. Bloomington police arrested Chamberlain in May 2008 on charges of misconduct involving his clients and violations of Indiana’s Securities Act.

According to the Office of the Indiana Secretary of State, a client of Chamberlain sought legal advice related to investing in rental properties. Chamberlain allegedly suggested his client loan Chamberlain and other people money for the development of a golf course and construction of a home in Lawrence County. Chamberlain never invested the money and was accused of stealing most of it. He allegedly forged an endorsement signature on one of the client’s checks and then deposited that check into his bank account.

Chamberlain has been a lawyer in Indiana since 1990 and has no history of discipline, according to the Roll of Attorneys. He has been practicing law since the charges were filed.

Chamberlain and the state negotiated a plea agreement, where one count of fraudulent sale of securities has been amended to a Class D felony counterfeiting charge, to which Chamberlain will plead. He will have to pay restitution on all counts based on the plea agreement. A restitution hearing will be set at a later date.

A sentencing hearing on the Class D felony counterfeiting charge has been set for 10 a.m. Jan. 3.

 

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  1. Hail to our Constitutional Law Expert in the Executive Office! “What you’re not paying attention to is the fact that I just took an action to change the law,” Obama said.

  2. What is this, the Ind Supreme Court thinking that there is a separation of powers and limited enumerated powers as delegated by a dusty old document? Such eighteen century thinking, so rare and unwanted by the elites in this modern age. Dictate to us, dictate over us, the massess are chanting! George Soros agrees. Time to change with times Ind Supreme Court, says all President Snows. Rule by executive decree is the new black.

  3. I made the same argument before a commission of the Indiana Supreme Court and then to the fedeal district and federal appellate courts. Fell flat. So very glad to read that some judges still beleive that evidentiary foundations matter.

  4. KUDOS to the Indiana Supreme Court for realizing that some bureacracies need to go to the stake. Recall what RWR said: "No government ever voluntarily reduces itself in size. Government programs, once launched, never disappear. Actually, a government bureau is the nearest thing to eternal life we'll ever see on this earth!" NOW ... what next to this rare and inspiring chopping block? Well, the Commission on Gender and Race (but not religion!?!) is way overdue. And some other Board's could be cut with a positive for State and the reputation of the Indiana judiciary.

  5. During a visit where an informant with police wears audio and video, does the video necessary have to show hand to hand transaction of money and narcotics?

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