Permanent Disbarment Proposed For Former CFO

The Louisiana Attorney Disciplinary Board has recommended that an attorney convicted of theft be permanently disbarred. The attorney was the chief financial officer of Kiko Foods, Inc. and had direct access to and control of the corporate bank accounts and financial records, according to the formal charges. The thefts totalled almost $360,000. The attorney had been sentenced in the criminal case to a suspended term of five years hard labor and ordered to attend a gambling abuse program. A hearing committee had not proposed permanent disbarment in hope he might recover from his apparent gambling addiction and someday be reinstated. (Mike Frisch)