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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. I just wanted to point out that Congressman Jim Sensenbrenner, Senator Feinstein, former Senate majority leader Bill Frist, and former attorney general John Ashcroft are responsible for this rubbish. We need to keep a eye on these corrupt, arrogant, and incompetent fools.

  2. Well I guess our politicians have decided to give these idiot federal prosecutors unlimited power. Now if I guy bounces a fifty-dollar check, the U.S. attorney can intentionally wait for twenty-five years or so and have the check swabbed for DNA and file charges. These power hungry federal prosecutors now have unlimited power to mess with people. we can thank Wisconsin's Jim Sensenbrenner and Diane Feinstein, John Achcroft and Bill Frist for this one. Way to go, idiots.

  3. I wonder if the USSR had electronic voting machines that changed the ballot after it was cast? Oh well, at least we have a free media serving as vicious watchdog and exposing all of the rot in the system! (Insert rimshot)

  4. Jose, you are assuming those in power do not wish to be totalitarian. My experience has convinced me otherwise. Constitutionalists are nearly as rare as hens teeth among the powerbrokers "managing" us for The Glorious State. Oh, and your point is dead on, el correcta mundo. Keep the Founders’ (1791 & 1851) vision alive, my friend, even if most all others, and especially the ruling junta, chase only power and money (i.e. mammon)

  5. Hypocrisy in high places, absolute immunity handed out like Halloween treats (it is the stuff of which tyranny is made) and the belief that government agents are above the constitutions and cannot be held responsible for mere citizen is killing, perhaps has killed, The Republic. And yet those same power drunk statists just reel on down the hallway toward bureaucratic fascism.

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