The lawyer handling disbursements in a settled Caledonia lawsuit has been arrested and charged for misappropriating trust funds.
John Wallace Findlay, 64 was arrested by Hamilton police on Wednesday for misappropriating the funds for the people he represented who won a class-action suit against several parties, including the Ontario government and the OPP.
The lawsuit had been settled for $20 million.
As the plaintiff’s lawyer, Findlay was responsible for the appropriate management of the money and giving it out to those involved. After the original disbursements, there was about $2.2 million left in reserve funds in 2013, police said.
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Police say Findlay reported himself on May 29, 2017 to the Law Society of Canada after having used the trust money.
Findlay was charged by police with criminal breach of trust, theft over $5,000 and fraud over $5,000.
Police are asking anyone with more information to contact Acting Det. Sgt. Kevin Dhinsa at 905-546-4526. To give information anonymously, contact Crime Stoppers at 1-800-222-8477 or crimestoppershamilton.com