Matson was represented at the listening to by Richard Cullen, a former Virginia legal professional normal, former U.S. lawyer for the Jap District of Virginia and the previous chairman of McGuireWoods LLP by Brandon Santos, a spouse at McGuireWoods and a previous prosecutor and by Danny Onorato, a former federal prosecutor.
“You have pretty a troika of attorneys here nowadays,” Gibney informed Matson.
The circumstance is becoming prosecuted by Katherine Lee Martin and Kevin S. Elliker, assistant U.S. attorneys.
In 2019, Matson built fake statements concerning allegations that he misappropriated cash as a court-appointed trustee in the individual bankruptcy of LandAmerica Economic Group, according to courtroom paperwork.
“A federal investigation into individuals allegations uncovered numerous scenarios of Matson’s embezzlement from the LandAmerica Belief amongst 2015 and 2018, totaling approximately $800,000 in misappropriated funds,” prosecutors mentioned.
The U.S. attorney’s business also mentioned that Matson manipulated the price range for LandAmerica’s post-bankruptcy wind-down period so that he could divert residual cash to himself and others just after the near of the individual bankruptcy, when he would no longer be topic to scrutiny by lenders and the U.S. Bankruptcy Court.
Matson siphoned absent far more than $3.2 million for personal payments to himself and many others, depleting the belief account extra than two a long time prior to the end of the wind-down period of time.