A former self-injury attorney was sentenced to more than eight years in federal prison Monday after he embezzled millions of dollars from more than a hundred customers to finance his expensive life.
The Justice Department announced Monday that Lori E. Deveny, 57, defrauded at least 135 customers out of more than $3.8 million in insurance proceeds between April 2011 and May 2019.
“The worst thing of all is to knowingly give the wrong impression,” IRS Special Agent in Charge Bret Kressin said in a statement. information. “After suffering financial losses, the business owners of Ms. Deveny a lawyer to represent their best interests. What they got instead was someone who lost more.
According to the DOJ, Deveny took advantage of his clients by forging insurance checks, depositing client funds in his personal bank accounts, and assuring them that they would receive compensation for their injuries.
Deveny used the millions of dollars he received from his clients to pay for expensive trips, which included more than $173,000 on an African safari and big game hunting trip, $35,000 in expenses for his murders, and $ 60,000 on the lot of living in a very expensive place. in Palm Springs, California.
Deveny was charged 24 counts of fraud in 2019 and was charged with mail, bank, and wire fraud, as well as identity theft, money laundering, and filing false tax returns.
He is convicted in June 2022 on one count of mail fraud, wire fraud, bank fraud, money laundering, and filing a false income tax return, as well as two counts of theft to distinguish it. As part of his plea deal with prosecutors, he also agreed to pay restitution.
Deveny’s lawyer argued that he should be sentenced to 5 years in prison, and he also said that he expects to take responsibility for his actions. They added that he was in an abusive relationship with his wife, whose compulsive spending habits caused the couple to be unable to pay their bills at the time of the crimes.
Meanwhile, one of Deveny’s victims, who lost more than $300,000 over the course of 13 years, described the many effects of the crime in his letter to the court.
“After the small payment from the victim’s money, we don’t even begin to calculate the true cost of our lives after this terrible situation,” the victim wrote. “Our medical bills continue to rise. We have a higher price for everyday life because we had to build special houses in every living situation.