The funds are not obligated to repay bilked clients; they are simply out to perform a public, and public relations, service on behalf of the legal profession.

Among other standards to insure stability, this organization requires members to have a security deposit of $1 million to repay clients in the event of a default.

A14 Law Page B16 Reserve funds to repay clients of thieving lawyers are running dry.

In Genoa, three Florentine financiers had to repay enraged clients who had deposited the equivalent of 11,000 florins in the local Scali branch safes.

Other money was used to repay clients whose money had previously been taken, they said.

But even after his $600 million fine, some of it to be set aside to repay clients, Mr. Milken should have lots to work with.

The two companies together settled a civil suit over American auctions by agreeing to repay clients $512 million in cash and discount coupons.

Prosecutors state that instead of repaying creditors and former clients, per a recent court order, Deutch withdrew $241,000 from bank accounts and used that money for personal expenses, meanwhile failing to make the $435,000 repayment to the victims of her alleged fraud.

Mr. Askin agreed to be barred from the securities industry for two years and to pay $50,000 to repay former clients.