Former attorney pleads guilty to $3 million in fraud schemes
TULSA, Okla. — A former Oklahoma City attorney has pleaded guilty to numerous charges related to fraud, including defrauding car accident victims, many of them children.
According to documents, 74-year-old John Merritt pleaded guilty to using forged federal and state court orders to steal over $450,000 of settlement funds in lawsuits involving car accidents from children who were his clients.
He is still awaiting sentencing on those charges.
Merritt also pleaded guilty to fraud charges claiming he defrauded Advocate Capital, Inc. and Quail Creek Bank of Oklahoma City.
In both cases, he used false financial statements and income tax returns to fraudulently obtain a line of credit totaling more than $2,000,000.
Merritt also forged the signature of another attorney on two settlement checks, totaling $500,000.
Sentencing is expected to be set in May 2013.