INDIANAPOLIS — A former prominent Indianapolis lawyer accused of defrauding clients of $4.5 million since 1999 has pleaded guilty to wire fraud.
Sixty-six-year-old William Conour pleaded guilty Monday before U.S. District Judge Richard Young in Indianapolis. Federal prosecutors said he kept a majority of his clients' settlement proceeds for his own use and used newly obtained settlement funds to pay old settlements and debts.
The Indianapolis Star reports Indiana University plans to remove Conour's name from the atrium at the McKinney School of Law in Indianapolis and also plans to give a $450,000 donation he made to the school to his victims.
He faces up to 20 years in prison and a fine of up to $250,000 when he is sentenced Oct. 17. He also could be ordered to pay restitution.