A Westminster lawyer appointed by the court to oversee the finances of an 83-year-old woman confined to a private nursing care institution has pleaded guilty to taking nearly $120,000 from her bank account.
William L. Marquat, 49, of the 100 block of E. Main St. was indicted on a single count of misappropriation of funds by a fiduciary after an audit showed $118,727 was missing from the bank account of Daisy B. Bailey, court records show.
Marquat had been appointed legal guardian of Bailey's assets, court records show.
Circuit Judge Luke K. Burns Jr. set Marquat's sentencing for March 19. Marquat could be sentenced to five years in prison.
Prosecutor Jerry Joyce said Marquat used the woman's money to pay personal expenses and came forward to admit his wrongdoing after he was unable to pay bills for the woman's care.
Marquat siphoned the money from Bailey's account at Union National Bank of Westminster between April 27, 1995, and Feb. 25, 1997, court documents show.
Upon the recommendation of the state Attorney Grievance Commission, Marquat was disbarred by the state Court of Appeals and signed a consent order May 5 not to contest the action against him, Joyce said.
The state bar association requires all attorneys to contribute $85 annually to the Clients' Security Trust Fund of the Bar of Maryland and the Attorney Grievance Commission.
Westminster attorney Charles D. Hollman was appointed in March by Carroll County Circuit Court to conduct an audit and serve as Bailey's guardian.
Hollman said Friday that he would file a claim against Marquat with the Clients' Security Trust Fund, seeking to obtain the money that had been misappropriated from that trust fund so he can resolve Bailey's outstanding debts.Marquat would be expected to make restitution to the trust fund, Joyce said.
Pub Date: 11/17/97