EagleCountryOnline.com

Attorney Accused Of Using Clients’ Money For Gambling

Posted On April 14, 2014

By Mike Perleberg

suspect-john-arnett-04142014

John G. Arnett
Boone County Sheriff’s Office

(Florence, Ky.) – A northern Kentucky attorney is accused of over-billing his clients out of hundreds of thousands of dollars.

The Boone County Sheriff’s Office says Florence attorney John G. Arnett committed the alleged thefts over 13 years.

Arnett, 67, of Union, gambled money entrusted to him by multiple clients. A joint investigation of the sheriff’s office, Boone County Attorney’s Office, and the Boone County Commonwealth Attorney’s Office allegedly revealed that Arnett forged court documents and bank statements in an effort to conceal his misappropriations.

Investigators say the case came to light on December 9, 2013 when Arnett could not disburse $82,389.62 to a couple. Boone County Family Court Judge Linda Rae Bramlage jailed Arnett for Contempt of Court.

Police say more victims may have yet to be discovered.

Arnett was charged Monday with five counts of Theft by unlawful taking (over $10,000) and three counts of Forgery 2nd degree. He is now held at the Boone County Detention Center.

Theft by unlawful taking over $10,000 is a Class C felony punishable by five to 10 years in prison. Forgery 2nd degree is a Class D felony punishable by one to five years.